150 million euros of budgetary saving through the application of the Public Procurement Law

The minister of finance and economy in the Government of the Republic of Serbia, Mr. Bozidar Djelic declared yesterday that the application of the Public Procurement Law resulted last year in a budgetary saving amounting 150 million euros.

On the press conference organized in the Serbian Chamber of Commerce, Mr. Djelic also said that the realized saving could have been even greater, with an appropriate and continuous work. He emphasized that the public procurement should be a permanent issue, because of the great future investments and credit arrangements, the major part of these funds being allocated for the capital investment projects.