Islamabad: President Mamnoon Hussain has called for increased regional cooperation on public procurement.
He was addressing 2nd South Asia Public Procurement Conference in Islamabad Tuesday. He suggested to the SAARC Secretariat to consider taking lead role in promoting mutual cooperation and opening SAARC Public Procurement Office in Islamabad.
Mamnoon Hussain said Pakistan has the distinction of being first South Asian country to have its public procurement law enacted in the year 2002 in the form of the Public Procurement Regulatory Authority.
He said PPRA rules and procedures have been improved and supported by all successive governments at the federal and provincial levels irrespective of their political inclinations.
He said with strengthening of democracy and judiciary, as well as a robust and independent media, public procurement is increasingly under microscopic scrutiny.
The President stressed for the need to translate laws and procedures into practices leading to equitable economic growth and poverty alleviation.