Azerbaijan's Nakhchivan avoids needless costs of budget funds on public procurement

  31 January 2024    Read: 692
Azerbaijan

During the reporting period in Nakhchivan, tenders and purchases made through polling quotations saved 9.5 million manats, or 16 percent of the cost of state procurement, AzVision.az reports, referring to Nakhchivan's Ministry of Economy.

According to information, the active participation of entrepreneurs in public procurement ensures competitiveness.

To note, 92.5 percent was saved on purchases made using the open tender technique, 0.03 percent through the proposal survey method, and 7.47 percent through the request for quotations method.


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