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July 2018

The future of public procurement in the era of digitalization

Yolanda Tayler's picture
Photo: World Bank

Why digitize public procurement?

Many countries have an opportunity to digitally transform public procurement systems to achieve enhanced efficiency, accountability, transparency, and participation of small and medium enterprises (SMEs). Digitally transforming public procurement would also accelerate national development objectives, such as enhancing public service delivery, developing human capital and the private sector, and gender empowerment.