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Unveiling the Truth: How Sticking to Fiscal Rules Boosts Investment in Latin America

Inter-American Development Bank

Rather than viewing fiscal rules as rigid constraints, the region should see them as valuable tools to promote both macroeconomic stability and sustained investment. This underscores the idea that compliancenot merely the existence of fiscal rulesis the key driver of fiscal sustainability and investment capacity.

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Effectiveness and Efficiency in Public Procurement: Key Pillars for Optimal Resource Management

The Procurement ClassRoom

Introduction In public procurement , effectiveness and efficiency are crucial for achieving optimal results using public resources judiciously. This discussion delves into the importance of these principles, examining both the goals to be achieved (effectiveness) and the optimal use of resources (efficiency).

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Technology’s role in sustainability: Takeaways from the AWS Sustainability Breakfast Briefing

AWS Public Sector

There is increased recognition that sustainability cannot be a siloed business unit within an organisation. The main takeaway is that sustainability transformation takes time – but every step along the journey can be meaningful. This blog post provides a recap of the highlights from the sustainability briefing.

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Modernizing Public Infrastructure: The Power of Strategic Procurement

The Procurement ClassRoom

In his article “ The Future of Public Infrastructure is Digital “, Bill Gates envisions a world where infrastructure is smarter, more efficient, and digitally integrated. This vision aligns with the aspirations of many governments: leveraging technology to enhance public services , reduce costs, and promote sustainability.

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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. What is Smart Public Procurement? Better fiscal balances will contribute to greater macroeconomic stability.

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Three ways World Bank procurement can drive collaboration for the SDGs

Open Contracting Partnership

As aid budgets shrink and the pressure to end aid dependency grows, governments are under growing pressure to maximize domestic resources and value for money. This support should take the long view and strengthen capacity sustainably, targeting countries with persistent procurement challenges.

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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 results from past budget deficits and requires ongoing management through interest and principal repayments.