Assessment of Bangladesh Public Procurement System
Bangladesh has enjoyed relatively high and stable growth over the last two decades,accompanied by rapid poverty reduction. Gross domestic product (GDP) growth averagedclose to 6 percent annually since 2000 and, according to official estimates, acce...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/950811591599744079/Assessment-of-Bangladesh-Public-Procurement-System http://hdl.handle.net/10986/33882 |
| Summary: | Bangladesh has enjoyed relatively high
and stable growth over the last two decades,accompanied by
rapid poverty reduction. Gross domestic product (GDP) growth
averagedclose to 6 percent annually since 2000 and,
according to official estimates, accelerated toover 8
percent in FY19. The poverty rate dropped from 44.2 percent
in 1991 to 14.8 percentin 2016. With per capita gross
national income (Atlas method) at $1,954 in 2019,
Bangladeshhas moved into lower middle-income country status
since 2015. The Government of Bangladesh (GOB)’s Vision 2021
aims to propel the country into middle-income status and
further reduce poverty. The most recent five-year plan
(FYP16-20) focusses on productive employment for the growing
labor force and a substantial increase in investment. Other
key elements of the plan are to ensure good governance and
pursue for an environmentally sustainable and socially
inclusive development process. The key objectives of the
assessment were to: (i) establish a shared understanding of
thecurrent state of Bangladesh public procurement system
amongst all stakeholders; (ii) identifythe strengths and
weaknesses of the overall public procurement system and
formulateappropriate mitigation measures for the identified
gaps; and (iii) develop action plan forfuture system
development in achieving a modern and harmonized procurement
system withparticular reference to enhanced e-GP, contract
management, sustainable procurement, andcitizen engagement. |
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