BLOGS
Business Outreach Seminar for Women-owned Businesses (June 7, 2023, New Delhi)
Submitted by : The World Bank
The World Bank (www.worldbank.org) is the largest Multilateral Development Bank (MDB), which provided financing to the tune of US$ 105 Billion during 2022. In addition, the World Bank also contributes to generation of knowledge in the form of research, studies, reports etc. Public Procurement is one of the focus areas for the World Bank as...
Design of the training program on Green Public Procurement by the World Bank in partnership with Indian training institutions
Submitted by : Dr. Gurbandini Kaur, AIMA
Design of the training program on Green Public Procurement by the World Bank in partnership with Indian training...
8th Global Procurement Summit (GPS 2023)
Submitted by : Dr. Gurbandini Kaur, AIMA
AIMA conducted the 8th Global Procurement Summit (GPS 2023) in partnership with Ministry of Finance, Government of India and the World Bank on 17 & 18 January 2023 at New...
India’s Government E-Marketplace: Technology for sustainable development
Submitted by : Prashant Kumar Singh, CEO of Government e Marketplace (GeM), Shanker Lal, Lead Procurement Specialist
Governments worldwide spend up to 20% of their GDP on public procurement. Using this money efficiently is crucial for economic development, minimizing environmental impacts, and maximizing social outcomes. With an estimated GDP of $3.53 trillion, India's procurement spending or the process to purchase goods and services, is roughly $700 billion ...
Global Study on public procurement professionalization: The World Bank
Submitted by : The World Bank
The World Bank has initiated a global study on public procurement professionalization as part of the preparation of the procurement flagship...
Fragile and conflict-affected states: the role of the public sector as an employer
Submitted by : Zahid Hasnain, Faisal A. Baig, Turkan Mukhtarova, World Bank
Currently around 1.8 billion people live in fragile, and conflict affected (FCV) environments. By 2030, the World Bank estimates that 2/3 of the world’s extreme poor will live in FCV situations. The COVID-19 pandemic further threatens to reverse decades of development. By 2022, the average GDP for countries affected by FCV is expected to be 8.6%...
7th Global Procurement Summit (GPS 2022)
Submitted by : Dr. Gurbandini Kaur, AIMA
AIMA organised its 7th Global Procurement Summit 2022 in hybrid mode on 7th – 8th March 2022 at New Delhi on the theme ‘Convergence of Public and Private Sectors to maximize value through Green and Innovative Procurement’. The summit was held in partnership with the Ministry of Finance, Government of India and the World Bank. Asian...
To get better development outcomes, donors must align with countries’ public financial management systems
Submitted by : Suraiya Zannath, Svetlana V. Klimenko, World Bank
Development projects can achieve better outcomes with fewer resources when donors work together at the country level. That is the conclusion of the Fiduciary Alignment Initiative, a joint Asian Development Bank (ADB)-World Bank seminar held in Bangladesh recently that focused on the use of country fiduciary systems in aid...