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Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

Smart public procurement refers to making optimal decisions to minimize waste and enhance the quality, efficiency and sustainability of public spending when purchasing and contracting goods, works and services. Better contracts and processes, for example, could reduce the risk of delays, quality problems or unexpected costs.

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How city governments can navigate the fiscal cliff

American City & Country

Louis struggle with resource constraints and grapple with the significant challenges cities face in balancing budgets, maintaining public services and managing infrastructure needs. It’s why all city leaders, not just those in finance, must be well-versed in the different types of budgetary concerns and how to navigate them.

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Governments need to plan for the entire product lifecycle when they purchase technology today

American City & Country

Local governments face issues that range from balancing public safety and individual privacy rights to managing vast amounts of data securely and efficiently. He points out that these kinds of contracts ensure quality and reliability by involving vendors who have been vetted through a competitive selection process.

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Economy and finance ministries in the face of climate change: 7 advancements in the green fiscal agenda

Inter-American Development Bank

There is no turning back now, the ministries of economy and finance are at the heart of climate action. What are finance ministries doing and discussing to advance green fiscal management? In recent years there has been an enormous increase in the development of these strategies, with around e 40 worldwide.

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The 3 revolutions of public procurement in Africa

Open Contracting Partnership

The legal framework as well as the creation of procurement oversight agencies led to more accountability, with a clear set of rules as well as checks and balances. In addition, price overruns continued to plague procurement outcomes, as well as poor contract execution, manifested through poor quality works and delays.

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Applying AI to Advance Agency Missions

FedInsider

He has been in numerous leadership roles in the private sector for over 25 years, spanning accounting, finance, technology & operations management spheres. Close Under Secretary for Science & Technology, Department of Homeland Security Vinay Singh × Vinay Singh Chief Financial Officer Mr. Vinay V.

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Complying with Fiscal Rules in Latin America and the Caribbean: From Promises to Action

Inter-American Development Bank

Fiscal rules have become a common policy tool to promote the sustainability of public finances, as the number of countries with at least one fiscal rule has grown from ten in 1991 to more than 100 by 2021.