U.S regards procurement reforms a critical issue for ADB to address
Fiji, May 6 -- The United States, one of the donors of the Asian Development Bank (ADB) has raised the issue of procurement as a critical issue for the bank to address.
U.S Governor representative to the ADB, Alexia Latortue said her government has played a pivotal role in driving ADB's procurement reforms since 2017.
This was the first step in shifting from a rigid, exclusive focus on lowest cost to recognising quality and value-for-money as core principles.
Latortue urged the ADB to redouble its efforts to strengthen implementation of the procurement reforms - including providing additional support for capacity building in recipient countries.
For vulnerable members, those in fragile and conflict situations and small island developi...
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