Proceedings of 2nd International Conference on Business, Management and Economics
THE RESULTS OF STATE PROCUREMENT REFORMS IN GEORGIA
In our daily routine, state fund distribution and consumption hold major role for financing and implementation of the programs that are of a public and social importance. Unity of any expenditure, which is made to cover the costs of products and services required by public and undertaken by state authority and state organization of any level is attributed to state procurement.
In post-socialistic countries, one of the notable examples of state procurement evolution is reforms implemented in Georgia, which resulted in approximation to international procurement standards. In Georgia, elaboration and functioning of state procurement regulatory legislation started after gaining independence. In this direction, reform went through multiple stages and came to nowadays. Support provided by World Bank, United Nations Organization and other international organizations to countries with transitioning economy, including Georgia shall be highlighted.
Keywords: State procurement, Public finance, E-procurements, Economic policy, Public administration.