BLOGS
Why Indonesia needs to prioritize capital budgets to meet its development goals
Submitted by : Angella Faith Montfaucon, Budi Permana, Assyifa Szami Ilman, Novira Kusdarti Asra, Tajuddin Mabaning Ismail, Arun Arya, Hari Purnomo, World Bank
Prior to 2020 when the COVID-19 pandemic hit, Indonesia’s economy had shown relatively strong growth over the last couple years, averaging at around 5 percent year-on-year. Infrastructure investment is one high potential area Indonesia can further support growth and reduce...
PEFA’s Global Report on Public Financial Management
Submitted by : Richard Anthony Sutherland, Silvia Lubenova Kirova, Antonio Leonardo Blasco, Srinivas Gurazada, World Bank
The Public Expenditure and Financial Accountability (PEFA) Program released its first Global Report on Public Financial Management through a series of launch events (in three languages – see below) in February, 2021. This blog shares key findings from the Report and views from the international experts who attended the...
Challenges and Opportunities for Health Commodities Procurement & Distribution, particularly COVID-19 vaccines
Submitted by : Dr. Gurbandini Kaur, All India Management Association
Global Procurement Summit 2021 organized by All India Management Association with support of Ministry of Finance, Government of India, the World Bank and the Asian Development Bank gave platform for discussion and exchange of ideas between senior officials engaged in public procurement at central and state public entities and the key bidding...
Greening public investments in Africa - Where can finance ministries start?
Submitted by : Onur Erdem, Claire Davanne, World Bank
Between 2013 and 2017, the average annual funding for infrastructure development in Africa was $77 billion—double the annual average in the first six years of this century. The impact of the COVID-19 pandemic on economic growth threatens this...
Mainstreaming gender in public procurement
Submitted by : Nora Elizabeth Mc Gann, Nazaneen Ismail Ali, World Bank
Gender responsive procurement is a powerful tool to boost women's economic empowerment, promote gender equality, and build more equitable societies . This broad approach to the gender/procurement nexus looks at "value beyond savings" and includes interventions such as facilitating women-led small and medium enterprises (SMEs) in public...
How to manage governance and institutional risks related to COVID-19 vaccination
Submitted by : Jim Anderson, Srinivas Gurazada, World Bank
COVID-19 vaccines are scientific and technological marvels, but their distribution brings many institutional challenges. At nearly every stage, the public and private sectors, and how they work together, are being put to the...
New Global Anticorruption and Transparency Platform (ProACT) empowers stakeholders to use data to have an impact on integrity in public procurement
Submitted by : Alexandra Habershon, Kristina Aquino, Thomas de Vries, Mihály Fazekas, World Bank
The World Bank, in partnership with the Government Transparency Institute, has developed a new Procurement, Anticorruption, and Transparency platform (ProACT) to help users identify these risks, and to support efforts to understand how and where the risks are adding to the costs of public procurement and undermining...
How framework agreements are useful for emergency and pandemic response
Submitted by : Shanker Lal, World Bank
The phase that follows an emergency situation is critical when government agencies are under pressure to respond quickly and effectively to people’s needs. This includes procurement and supply of various essential items while ensuring that quick responses do not increase risks beyond what policymakers have defined as...