(LRA Act available at www.lra.gov.lr)On the other hand, The PPCC Act of 2005 amended in 2010 establishes the PPCC to regulate all forms of public procurement and concessions, provides for institutional structures for public procurement and concessions, and stipulates methods and procedures for public procurement and concessions and for purposes related thereto. (PPCC Act available at www.ppcc.gov.lr). Beyond the individual, public sector imperatives do exist. Government must generate and spend money for the public, therefore getting the money and spending it lie core in effecting public sector functioning. But in Public sector bottom line is less well defined where as there are no shareholders’ dividend to be paid out or publicly declared profit or loss.

Source: Front Page Africa January 26, 2017 02:48 UTC