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In 2016, the World Bank formally implemented a massive reform of the guidance it applies to procurements conducted under World Bank-financed projects. Because of the prominent role that the World Bank plays in shaping procurement policy, the Bank’s procurement reforms have had a profound...
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The donor community spends millions of dollars annually on procuring essential medicines as part of development assistance for health. Defining and enforcing quality standards for these medicines continues to prove challenging as this involves complex regulatory processes. While developed...
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Good public procurement practices are a major determinant of the effectiveness of public expenditure. On behalf of their citizens, governments typically spend as much as 5-20 percent of their gross domestic product on procurement of goods and services, and effective procurement policies enable...
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Last year was momentous for the international procurement arena, as several of the major multilateral development banks (MDBs) — including the World Bank and the African Development Bank (AfDB) — adopted significant changes to their procurement processes and procedures in efforts to increase...
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