Uganda unveils e-procurement strategy

Monday 22 December 2014 08:14 CET | News

Uganda`s Finance Ministry has launched a five-year online/e-procurement strategy for 2014-2019 in a bid to stem the tide of corruption in the procurement sector, reports.

According to the source, the World Bank would be funding the implementation of the strategy, which is expected to promote accountability and transparency in all public procurement departments, with about USD 5.8 million.

Speaking at the launch of the initiative, Matia Kasaija, State Minister for Planning in the ministry of Finance, has pointed out that the adoption of an e-procurement system was also with the intention of empowering entities to better manage public procurement and the disposal process.

Other benefits of the system, according to Mr. Kasaija, would include increased efficiency in procurement and service delivery, creation of confidence in the procurement system and, eventually, value for money. This is also a big win for Small and Medium Enterprises (SMEs) as Uganda’s private sector depends heavily on government contracts for survival.

With the e-procurement system, public entities will be able to run all public procurement processes online and bidders will have a quick access to all relevant information in the public domain.

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Keywords: Uganda, Finance Ministry, e-procurement, strategy, Matia Kasaija, public, procurement, corruption
Categories: Banking & Fintech
Countries: World
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