OECS stakeholders meet in Barbados to discuss public procurement reform
Reforming the public procurement process within the Organisation of Eastern Caribbean States (OECS) could allow governments to better manage the use of scarce public funds. Such reforms also have the potential to contribute to inclusive growth by encouraging the participation of small- and medium-sized local businesses. However, many OECS countries have not yet fully implemented the necessary measures to foster reform, which has sometimes led to delays in project implementation and optimum value for money outcomes not being realised.
From June 20 to 21, 2017, the Caribbean Development Bank (CDB) hosted a workshop to support and advance public procurement reform in the OECS, at its headquarters in Barbados. The workshop provided a forum for representatives from OECS countries, the OECS Commission and the Caribbean Community (CARICOM) to review the current state of public procurement and to facilitate agreement on a unified approach to procurement reform within the OECS.
… more
Image: Pexels