Procurement practitioners compare practices

Hence, the Minister of Finance and Development Planning, Kenneth Matambo, says public procurement is particularly important for governments as it accounts for a significant proportion of the GDP.

Matambo said this when closing at the just-ended Fourth Commonwealth Public Procurement Network Conference (CPPN), the first to be held in Botswana. "I am informed that in the developed countries, public procurement accounts for between 10 to 15 percent of the GDP while it accounts for up to 25 percent in developing countries," he said. "In Botswana, it accounts for about 60 percent of the development budget."