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Govt notifies new procurement rules with IMF team in town

  • Posted on September 29, 2026
  • By Dawn
  • 1 Views
  • 1 min read
In brief

The government has introduced updated procurement regulations featuring provisions that maintain exemptions enabling state-owned enterprises to engage in direct contracting. These policy modifications come amid discussions with an International Monetary Fund delegation, which is currently meeting with senior finance and taxation officials. The timing reflects broader economic discussions regarding governance structures, including ongoing deliberations about the implementation of a sovereign wealth fund framework amid regulatory uncertainties.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Govt notifies new procurement rules with IMF team in town
Govt notifies new procurement rules with IMF team in town

Changes retain certain exemptions for direct contracting with SOEs despite reservations; IMF delegation meets finance, tax officials amid uncertainty on sovereign wealth fund law.
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Author
Dawn

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