Chapter 8. Public Procurement in Latin America
Author:
Mr. Carlos Pimenta https://isni.org/isni/0000000404811396 International Monetary Fund

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Natalia Rezai
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Abstract

Within the area of public financial management (PFM), procurement relates to the acquisition by the public sector of goods and services. This includes routine purchases of supplies (e.g., printer ink, paper, and fuel) to more complex contracts for large infrastructure projects, such as government constructions, subways, and bridges. Public procurement usually includes different stages: planning, selection, and contract management.

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