ECONOMIC BULLETIN: MANDATORY DIGITALIZATION OF PUBLIC PROCUREMENT PROTOCOLS
Full operational launch of the COLEPS online bidding system for all public sector projects 🏛️.
Direct elimination of manual corruption risks through automated, real-time digital oversight 🚫.
Creation of a verifiable digital trail for national budget allocation and government expenditure 📊.
Enhanced efficiency in public investment by streamlining vendor verification and bid evaluation 🛡️.
The mandatory adoption of the COLEPS framework establishes a secure digital infrastructure that prevents fraudulent interference in government contracts.
This transition toward complete transparency fosters a predictable economic climate, significantly increasing the nation’s appeal to global institutional investors.
By digitizing the procurement pipeline, the state is building a robust foundation for the future integration of blockchain-based ledger auditing.