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OECD Principles for Integrity in Public Procurement
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Governments and state-owned enterprises purchase a wide variety of
goods, services and public works from the private sector, from basic computer
equipment to the construction of roads. Public procurement is a key economic
activity of governments that represents a significant percentage of the Gross
Domestic Product (GDP) generating huge financial flows, estimated on average
at 10-15% of GDP across the world.1 An effective procurement system plays a
strategic role in governments for avoiding mismanagement and waste of
public funds.
ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT - Organizational Body
NONE
Management
English
2009
1-142
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