Public Procurement: A Major Potential for Corruption

Abstract

Public procurement is one of the government activities most vulnerable to corruption. Corruption in public procurement is widespread and particularly damaging to development objectives, as it undermines any state‟s duty to maximize the social and economic welfare of its citizens In addition to the volume of transactions and the financial interests at stake, corruption risks are exacerbated by the complexity of the process, the close interaction between public officials and businesses, and the multitude of stakeholders. Public Procurement are in the public and private sector, and the close relationship between the two public and private sectors makes the government transaction a key area of corruption. The study examines corruption in Public Procurement