reform of procurement law

Reform of procurement law involves updating the rules that govern how public bodies purchase goods and services. The aim is to make these processes more efficient, transparent, and fair. This can include simplifying procedures, encouraging competition among suppliers, and ensuring that spending is done ethically and responsibly. By reforming procurement laws, governments seek to improve accountability, reduce costs, and foster innovation while ensuring that taxpayers' money is spent wisely. Overall, it aims to create a system where public contracts are awarded based on merit and value, benefitting both the public sector and the economy.