PHNOM PENH, Jan. 3 (Xinhua) -- Cambodia's National Assembly (pictured) on Tuesday adopted a draft law on public procurement, aimed at ensuring that all state's expenses are used appropriately and transparently.Although all the 26 Members of Parliament (MPs) of the main opposition party and the 3 MPs of the Human Rights Party boycotted the session, 84 MPs who were present in the meeting unanimously passed the draft law.
Cheam Yeap, chairman of the National Assembly's commission of economy, banking, finance and audit, said the law covers all public procurement in Cambodia, except procurement that may affect confidentiality in national defense and public security.
The law on public procurement was compiled by the Ministry of Economy and Finance, it comprises of 14 chapters with 76 articles, he said.
Speaking in the National Assembly's session, the Deputy Prime Minister Keat Chhon, minister of economy and finance, said the law was a new legal tool to ensure that the expenses of national budget and financing budget from development partners would be transparent, accountable, effective and high frugal.
"The law is also to contribute to prevent corruption," he added.
Editor: Mo Hong'e
3 comments:
So much money has disappear without a trace...BCoz too many corrupted officials stole millions and millions of dollars$$...They need to track down where those money goes...
Its very simple way: Those rich tycoon and high ranking family who drove expensive luxury car, build luxury villa, find out where they got the money from???????
....from corruption, selling state properties, stealing land from poor people, stealing money from state coffers..etc..etc.
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