Norway public sector wastes billions / News / The Foreigner

Norway public sector wastes billions. Norwegian officials squander some NOK 25 billion a year, a new report shows. Annual public sector purchases are close to NOK 400 billion annually. Company Menon’s figures show bad procedures are the main cause of this financial frittering away. "A lot is being wasted in the process, and this is chiefly due to rewarding public service leaders who can spend money, not save it," the company’s Sveinung Fjose told NRK. He added the problem of public sector purchasing routines is because buying goods and services in is “spread over a hundred offices". A lot of the waste also stems from the rubber stampers’ routines, according to him.

norwayofficials, publicsectorwaste, kroner



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Norway public sector wastes billions

Published on Tuesday, 21st May, 2013 at 07:09 under the news category, by Asgeir Ueland.
Last Updated on 21st May 2013 at 20:08.

Norwegian officials squander some NOK 25 billion a year, a new report shows.

Thousand-kroner notes
Thousand-kroner notes
Photo: Norges Bank


Annual public sector purchases are close to NOK 400 billion annually. Company Menon’s figures show bad procedures are the main cause of this financial frittering away.

"A lot is being wasted in the process, and this is chiefly due to rewarding public service leaders who can spend money, not save it," the company’s Sveinung Fjose told NRK.

He added the problem of public sector purchasing routines is because buying goods and services in is “spread over a hundred offices".

A lot of the waste also stems from the rubber stampers’ routines, according to him.

"There have to be three copies of a bid accompanied with many attestations when it is delivered in. As a matter of fact, administration costs for one purchase in Norway are NOK 400,000," Mr. Fjose said.

Bodø municipality’s Øystein Nielsen stated they "were trying to professionalise their purchases" and the way these are done.

The northern Norway official did not elaborate on the other findings in the Menon report.

Current exchange rates show NOK 25 billion equals roughly USD 4.28 billion/GBP 2.81 billion/EUR 3.32 billion.



Published on Tuesday, 21st May, 2013 at 07:09 under the news category, by Asgeir Ueland.
Last updated on 21st May 2013 at 20:08.

This post has the following tags: norwayofficials, publicsectorwaste, kroner.





  
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