Next week in Addis Ababa, finance and development officials from all over the world will be discussing how to pay for the Sustainable Development Goals. The infrastructure goals alone carry a price tag of over $1 trillion a year.
The world needs to ensure that money is well spent and results in real benefits for the world’s poorest people. We can do a much better job at that.
Public contracting and procurement is vital. It’s where all these extra billions will actually be converted into the roads, schools and hospitals that citizens care about. Providing publicly accessible, timely and comparable data on the government contracts that build infrastructure and purchase vital goods and services could be a game-changer for development.
Read the full commentary by Gavin Hayman and Charles Kenny on Thomson Reuters.