Significant Savings Potential by the Administration

People ♦ Published: March 11, 2011; 02:54 ♦ (Vindobona)

Efficiency potential in public expenditure of over € 500 million. Felderer: "Significant savings potential”.

Significant Savings Potential by the Administration / Picture: © Wikipedia / Magnus Manske

Economic Chamber President Christoph Leitl and Bernard Felderer, Director of the Institute for Advanced Studies (IHS), presented yesterday Thursday the IHS study "Efficiency potential in the use of public funds". A total of 561 Audit Court reports on the federal government and the provinces from the period 2000 to 2009 were evaluated.

Leitl said: "Austria is currently paying…