Public Procurement Vulnerable to Corruption – Gordhan

The finance minister says that public procurement plays a significant part in the economy and is central to government service delivery

Finance Minister, Pravin Gordhan, says that public procurement plays a significant role in the economy and is central to service delivery.

Speaking in Cape Town where he delivered the National Budget 2011, Gordhan maintained that citizens and taxpayers do not get full value for money, because this is an area vulnerable to waste and corruption.

In the same vein, he stated that government departments will be required to establish rigorous demand management procedures, including submission of advance tender programmes for the next financial year to the relevant treasury authority.

To read the full speech, click here.

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