Development of a system of the government and municipal procurement as the main objective of the budgetary policy regarding increase in efficiency of the public expenditures

Abstract

The article discusses the features of legislative regulation in the field of public procurement in the context of the transfer of the procurement process to the mode of complete informatization and considers proposals for improving the tools, the use of which can give another impetus to improve the efficiency of public spending.

Keywords

• government procurement
• procurement mechanism
• financial instruments
• innovative development
• efficiency of public spending