World Bank set out to reform its procurement process. What's changed?

World Bank President Jim Yong Kim talks to a patient at a hospital Fujian, China during a visit to the country in July 2016. Photo by: Wu Zhiyi / World Bank / CC BY-NC-ND

The World Bank’s ambitious new procurement framework, the product of three years of work and extensive consultation, officially went live in July. Now all new projects use the new system.

The procurement reform process, which officially started in 2012, was designed to address concerns raised by businesses, staff and borrower countries about the policies for buying goods, works and services with bank-financed loans.

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About the author

  • Edwards sopie

    Sophie Edwards

    Sophie Edwards is a Reporter for Devex based in London covering global development news including global education, water and sanitation, innovative financing, the environment along with other topics. She has previously worked for NGOs, the World Bank and spent a number of years as a journalist for a regional newspaper in the U.K. She has an MA from the Institute of Development Studies and a BA from Cambridge University.