STATAug 2024
R931.5bn
A 2024 assessment of South Africa's public procurement system puts public procurement at about R931.5 billion in 2021-22, around 15% of GDP. The Deputy Minister of Finance told Parliament in 2022 that it was "close to R1 trillion".
SOURCE: OECD, World Bank and African Development Bank with National Treasury, Assessment of South Africa's National Public Procurement System, August 2024 · Aug 2024
METHOD: International assessment of the national public procurement system (MAPS), 2021-22 spending
ENTRY: sourcedesk.co.za/e/ndsfff
BEAT: Economy
THEME: Public procurement