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The OECD holds a roundtable on public procurement

Key documents: Executive Summary with key findings, Detailled Summary of the discussion, Background note Executive summary, by the Secretariat Considering the discussion at the roundtable, the member country submissions, and the background paper of the Secretariat, a number of key points emerge: (1) Public procurement is a key economic activity of governments, accounting for a large proportion of Gross Domestic Product worldwide. Effective public procurement avoids mismanagement and waste of public funds. "Public procurement" is the purchase of goods or services by the public sector and it generally accounts for a large share of public expenditure in a domestic economy. Existing statistics suggest that public procurement accounts, on average, for 15% of Gross Domestic Product

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  • OECD - Competition Division (Paris)

Quotation

OECD, The OECD holds a roundtable on public procurement, 1 June 2007, e-Competitions June 2007, Art. N° 85681

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