Sentence examples similar to gdp procurement from inspiring English sources
Given the amounts of money involved -- often 15 to 25percentt of a country's GDP -- procurement is prone to corruption.
At this year's London summit, Mexico's acting civil service minister, spoke of the great strides his country has made in opening up the public procurement process, which accounts for around 10% of GDP and is a key area in which transparency and accountability can help tackle corruption.
And a big hole it is: public procurement accounts for over a tenth of Europe's GDP.
Federal spending on procurement, salaries and wages as a percentage of state GDP is 19.7 percent in Maryland, Virginia and D.C., versus a national average of 5.3 percent.
And plans to simplify EU rules on public procurement, which accounts for some 15% of the countries' aggregate GDP, have stalled.
Spending on prescription drugs has been reduced, but another €1 billion (0.5% of GDP) of annual cuts have still to be made, as doctors and hospital procurement departments are reluctant to switch from expensive branded drugs to cheaper generic versions.
The next is to take on the large public-procurement market, which often accounts for as much as 15-20% of GDP.
Making the brave assumption that opening up an economy to e-commerce will give a similar spur to productivity, and adding in the direct cost savings from procurement, the bank estimates that over time the Internet will boost the level of GDP by amounts ranging from 5% in Indonesia to an impressive 12% in Singapore.
The South Australian independent yesterday seized on the fate of Arrium's troubled Whyalla based steelworks to oppose Australia's entry into a World Trade Organisation procurement agreement as well as the landmark Trans-Pacific Partnership trade pact covering 48percentnt of global GDP and delivering a $1bn boost to Australian farmers.
"Procurement is always tricky.
