PPPs are key to economic resuscitation
Sunday, August 28, 2022 | 430 Views |
Road Construction PIC: MORERI SEJAKGOMO
A report by the Commonwealth of Nations Network has since outlined countries that rank highly on their Ease of doing business index over the last Decade.
To mention a few purely based on how easy it is to start a business; New Zealand, Australia, Canada, Singapore and Rwanda.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...