ABSTRACT
Good budget execution passes through good government procurement. The primary objective of government procurement is to acquire goods and services and works in an economical manner, that is, providing the best value to the government and the people. Fostering the growth of competition in public procurement is a goal of most governments and is supported by international organizations as well. In developing countries, giving some preference in public procurement to domestic firms has traditionally been accepted by donor agencies as a means to stimulate the growth of local competitors to large multinational suppliers. Similarly, while the World Trade Organization (WTO) prescribes uniform treatment of domestic and foreign suppliers in procurement, it provides for special treatment of developing countries in order to safeguard their balance-of-payments position and promote the development of domestic industry.
