Zambia

Public Procurement Transparency in Zambia

2012-11-22

'Finance Minister, Alexander Chikwanda has called for an effective public procurement system which is transparent in order to enhance economic growth and development.

 

'Mr Chikwanda said yesterday when he launched the Standard Bidding Documents in Lusaka that public procurement was a critical component in the management of public resources.

 

'Standard bidding documents, which were part of the on-going reforms in the public sector, were aimed at achieving optimum degree of order in the procurement process as well as reduce bureaucracy and tender processing time.

 

' "It follows that an inefficient and bad procurement system can be a major impediment to growth and development especially that the acquisition of works, goods and services by the public sector have to go through such a system," he said.'

 

Click here to read the full story:

http://www.lusakatimes.com/2012/11/21/finance-minister-calls-effective-transparent-procurement-system/

 

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