03/18/2013 OHR

Public Funds for the BiH Public

Bosnia and Herzegovina has the institutions that are needed in order to protect the interests of BiH citizens – but office-holders in the executive and legislative must ensure that these institutions have the practical and financial support they require in order to do their job, High Representative Valentin Inzko said today.

The High Representative was speaking during a visit to the Audit Office of the Institutions of BiH. He stressed that the role of the Audit Office is to ensure that every pfennig allocated to Bosnia and Herzegovina is accounted for and used for its proper purpose.

“The Audit Office is an integral part of the Rule of Law,” the High Representative said. “It is central to improving transparency and responsibility in the management of public funds.”

During his meeting with Auditor General, Milenko Sego, the High Representative was briefed on the main areas of the Auditors’ work and the areas which the Auditor would like to see addressed in order to ensure that public funds are used for the benefit of the public rather than the benefit of special interests or political parties.