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Publicprocurement is like the heartbeat of public spending in most of Africa – by some estimates, it accounts for 17% of the GDP of African Countries. These included ongoing issues such as poor institutional coordination, lack of transparency, high levels of corruption, and murky lines of accountability.
Participating in public contracting represents a massive opportunity for businesses, but one that many fail to seize. According to the World Bank, public contracts account for 15% of global GDP. In OECD member countries, publicprocurement represents 29% of government expenditure. Was it 120, 150 or 200?
While it’s too early to see system-wide changes, open data analyzed by OCP shows signs that participation by smaller businesses is increasing: from July 2022 to July 2023, the share of contracts awarded to MSMEs rose by 1.7%, the share of MSME bids increased by 1.9%, the share of unique MSME bidders grew by 1.4%
As a publicprocurement practitioner you are also a public servant. You manage public funds, are bound by an ethical code of conduct, and are accountable for what you do or fail to do when managing those funds.
The 2020 European strategy for data ear-marked publicprocurement as a high priority area for the development of common European data spaces for public administrations. Member States are also expected to bear their own costs, although there is EU funding available through different mechanisms.
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