Central bank, public procurement authority partner on strengthening compliance

Banking

The National Bank of Hungary (MNB) and the Public Procurement Authority (KH) on Thursday said they agreed to partner on strengthening compliance with regulations, according to a report by state news wire MTI.

The sides will consult on the application and interpretation of legal matters concerning public procurement, and they will initiate talks on clarifying professional and practical issues at conferences and seminars.

Both sides aim to promote the broader adoption of sustainable, environmentally-friendly public procurement practices.

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