Procurement Blogs

BLOGS

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...

How to make governments more productive in the post-COVID world: Lessons from Brazil

Submitted by : Francisco Gaetani, World Bank

The economic fallout of the pandemic has put enormous pressures on public finances. But rather than get bogged down in the polarizing debate about fiscal policies, the smart response is to focus on productivity gains that contribute to greater fiscal space regardless of the underlying policies to raise revenues or reign in...

To boost government productivity, policy makers should focus on the workforce first

Submitted by : Peck Kem Low, World Bank

Human resources policies are at the center of any effort to increase government productivity. That’s why Singapore is focusing its efforts to improve efficiency on the workforce and how it carries out the business of...