Government procurement

id: government-procurement-188-14925273
title: Government procurement
text: Government procurement or public procurement is when a governing body purchases goods, works, and services from an organization for themselves or the taxpayers. In 2019, public procurement accounted for approximately 12% of GDP in OECD countries. In 2021 the World Bank Group estimated that public procurement made up about 15% of global GDP. Therefore, government procurement accounts for a substantial part of the global economy. Public procurement is based on the idea that governments should dire
brand slug: wiki
category slug: encyclopedia
description: Purchases by a government body
original url: https://en.wikipedia.org/wiki/Government_procurement
date created: 2006-12-17T21:57:22Z
date modified: 2024-09-09T13:36:24Z
main entity: {"identifier":"Q20665717","url":"https://www.wikidata.org/entity/Q20665717"}
image:
fields total: 13
integrity: 15

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