How to improve financial situation of state sector

neo76

Junior member
  • Jan 16, 2009
    759
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    18
    Kandy
    Recently, I heard that, most goverenment departments spend about 30% of their annual budget in procurementing. In some departments, it is said to be as high as 60%.

    However, it was told that the procurement process is not effective and efficient.

    As a solution, following interventions were proposed.

    1. Establish a separate procurement unit within each department

    2. Adopt electronic procurement methods used by other south Asian countries to increase efficiency