Public Procurement and Growth of Micro and Small Enterprises

Public procurement as an engine for economic growth: As the global economies grapple to flourish through conventional approaches they have failed to pay earnest attention to the potential capability of growth imminent in mainstreaming micro and small enterprises in public procurement systems. This remains the untapped golden mine for magnanimous sustainable development in the world. Economic strategists should recast their strategic attention and thinking towards this sleeping giant economic catalyst for unimaginable results.