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16 Feb 2023
Evaluation of ADB’s Procurement System, 2014–2021
Procurement plays a big part in development effectiveness, and the quality of public procurement practices is a major determinant of effective public spending. The Asian Development Bank (ADB) generates around $9.5 billion a year for the procurement of goods and services though loans and grants to its client countries. Before 2017, ADB’s procurement processes largely followed a rule-based system with an emphasis on compliance.
