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Ministry of Finance: The new bill on improving the public procurement system is based on principles of responsibility and unification of rules

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During the press conference following the the Government meeting, Minister of Finance Bakhyt Sultanov reported on the main principles of the bill which is being developed to improve the sphere of public procurement.

The main principles of the new bill on improving the sphere of public procurement are: creating uniform rules for all subjects of the quasi-public sector and increasing responsibility of the procurement participants. According to B. Sultanov, a single approach will facilitate the terms of participation in procurement of the state and quasi-public sectors for entrepreneurs. At the same time, it is planned to unite all the information systems that exist today in the system of public procurement.

As of today, our legislation unfortunately doesn’t provide for responsibility for purchases in the quasi-public sector. Therefore, amendments to the Administrative Code of the Republic of Kazakhstan and anti-corruption legislation provide for liability for violation of procurement rules of the quasi-public sector, � B. Sultanov noted.

The bill also provides for the control of the quasi-public sector by the Internal Audit Committee of the Ministry of Finance of the Republic of Kazakhstan. As the Minister of Finance stressed, this measure was adopted in order to coordinate the corporate governance system in the quasi-public sector and to develop uniform procurement rules.

Source: Government of the Republic of Kazakhstan

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