Govt Decides to Set Aside Part of its Public Procurements for SMEs, SMIs and Artisans

Economic governance
Friday, 17 September 2021 17:17
Govt Decides to Set Aside Part of its Public Procurements for SMEs, SMIs and Artisans

(Togo First) - Togolese SMEs, SMIs, and artisans will soon get part of the public procurements issued by the State. This is one of many reforms found in the public procurement draft bill examined and passed last Wednesday during the council of ministers. 

Another reform is the reduction of the time needed to provide public contracts from 180 to 90 days. 

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The new law should soon be submitted to the Assembly for approval. Mainly aimed at dematerializing all procedures related to public procurements, the document, according to the council of ministers, “aligns with the government’s sustained efforts to improve the business climate. It should also “help rapidly implement public investment projects to benefit the people.”

It is worth noting that since April 2019, young and women entrepreneurs have had access to 25% of all public procurements. 

Esaïe Edoh

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