News in English     | 26.03.2018. 11:49 |

TIBiH - Key problem of public enterprises in BiH is political control

FENA Muhamed Hadžibegić

SARAJEVO, March 26 (FENA) - The key problem faced by public companies in Bosnia and Herzegovina is political control, stressed the participants of the regional conference "How to strengthen good governance in public companies?" organized by Transparency International BiH today.

Chairman of the TIBiH Governing Board Srđan Blagovčanin said that public enterprises were in the hands of the ruling political structures which use them to ensure their stay in power.

“This is achieved by illegal employment and by the withdrawal of profits, due to which citizens do not receive from the public enterprises the kind of services they should provide,” Mr. Blagovčanin explained.

He added that it was necessary to provide support to public enterprises in strengthening the mechanisms of accountability and transparency, as well as the overall functioning through the improvement of the appointment process, in order to provide the appropriate quality of service to citizens.

British Ambassador to BiH Edward Ferguson said that there were many good hard-working people in all of the analyzed public companies, but it is obvious that these companies are not efficient enough.

“Great Britain wants to help those who are trying to fix the situation and this analysis will be the basis for further work,” Mr. Ferguson said.

The survey on good governance in public enterprises in BiH was done on a sample of 100 companies, and the project was supported by the British Government.

(FENA)
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