Public procurement reforms under way
In a bid to improve spending on goods and services, government will roll out public procurement reforms over the next three years.
Speaking at the Medium Term Budget Policy Statement in Parliament on Wednesday, Finance Minister Nhlanhla Nene said budgetary controls on non-essential items, innovative procurement reforms and strengthened cost-containment measures would encourage more effective use of resources in the years ahead.
“In the February budget speech, I emphasised the urgent need for improved efficiencies and effectiveness in public procurement.
“I indicated that the modernisation of supply chain management would target better use of technology,” he said.
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