A healthy mix of innovation, continuous engagement, and effective implementation can
bring about sustained transformation in public procurement. A more effective and transparent procurement system frees up public money for achieving more and better development outcomes and improving the delivery of public services.
Procurement makes up a substantial portion of government spending with significant impact on the delivery of public services such as water, health, education, and other infrastructure. Bangladesh spends about $16 billion or about one third of its annual budget on public procurement. Of this, $13 billion is spent on the public procurement of goods, works, and services for the implementation of development programs, constituting approximately 70% of the country’s development budget.



would mostly have seen farmland dotted with a few scattered buildings. At the time, it was unimaginable that East Shanghai, or Pudong, would one day become a global financial centre; that its futuristic skyline, sleek expressways, and rapid trains would one day be showcased in blockbusters like James Bond and Mission Impossible movies! It was also unimaginable that the Shanghainese would consider living in Pudong.
Deadline: 12-May-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)
Deadline: 17-Apr-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)
The World Bank Group’s (WBG)
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