IBEC says Irish public procurement system worth €16bn annually is dysfunctional but fears radical reform

Mar 1st, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
IBEC, the main Irish business representative group, today published results of a new survey of Irish companies, which revealed that most believe the process of selling goods and services to the public sector in Ireland, which is worth €16bn annually, is dysfunctional. However, the lobby group, which is part of the conservative establishment, appears to fear radical reform such as public transparency, which would have a dramatic impact on both public spending and competition in the economy, through ending cronyism in public procurement.

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