Minister of Finance announces bill to imporove state procurement system

The Minister of Finance, Ignacio Briones, announced a bill that aims to improve the “transparency, competition and efficiency” of the state procurement system. This action is a response to the preliminary report “Market Study on Public Procurement” by the National Economic Prosecutor’s Office. According to the report, there was a series of shortcomings – especially with regard to competition and transparency – in Chile’s public procurement market, along with sliding several recommendations to improve the efficiency and operation of this.

Source: EMOL