Procurement Blogs

BLOGS

Guidebook on Framework Agreements

Submitted by : Mr Shanker Lal, Lead Procurement Specialist, The World Bank

Framework Agreements (FAs) are being increasingly utilized by public procurement agencies to promote value-for-money, deter corruption, and avoid the waste and abuse of increasingly scarce public...

Addressing COVID-19 related Challenges in Infrastructure Projects

Submitted by : Dr Gurbandini Kaur, Associate Professor, AIMA

Global Procurement Summit 2021 organized by All India Management Association with support of Ministry of Finance, Government of India, the World Bank and the Asian Development Bank gave platform for discussion and exchange of...

Six reasons why fiscal councils can help create sustainable public finance in the post-pandemic world

Submitted by : Kandarp Patel, Srinivas Gurazada, World Bank

Fiscal discipline is critical for a resilient recovery in a post-COVID world , especially in developing countries. Public Expenditure and Financial Accountability (PEFA), the global framework for assessing Public Financial Management (PFM) performance, emphasizes the importance of macroeconomic forecasts and fiscal policies as the foundation for...

Five tools for reducing corruption during COVID-19

Submitted by : Warren Krafchik, Leslie Lang Tsai, World Bank

Just as the global pandemic has illuminated the vulnerabilities in our health, economic, and education systems, it is shining a spotlight on the gaps, gaffes, and weaknesses in the management of public...

Government accounting at crossroads: Emerging opportunities during COVID-19

Submitted by : Ed Olowo-Okere, World Bank

Government accounting and financial reporting are at a crossroads today. Providing information on how much cash is received into treasuries and paid out for goods, services and transfers is not...

Can PPP help cash-starved governments in boosting infrastructure?

Submitted by : Dr. Gurbandini Kaur, All India Management Association

Global Procurement Summit 2021 organized by All India Management Association with support of Ministry of Finance, Government of India, the World Bank and the Asian Development Bank gave platform for discussion and exchange of ideas between senior officials engaged in public procurement at central and state public entities and the key bidding...

How can we measure productivity in the public sector?

Submitted by : Ravi Somani, World Bank

In most economies, the public sector is a major purchaser of goods, services and labor. According to the Worldwide Bureaucracy Indicators, globally the public sector accounts for around 25% of GDP and 38% of formal...

Four GovTech solutions to improve quality of government budget execution in a post-COVID-19 world

Submitted by : Srinivas Gurazada, Khuram Farooq, World Bank

The recently released 2020 Global Report on Public Financial Management (PFM) by the Public Expenditure and Financial Accountability (PEFA) initiative finds that countries do better in preparing their budgets than implementing...