On Tuesday, 26 August, the government supported the structural reforms developed by the public procurement working group to improve the efficiency of the public procurement system. The aim is to maximise the value of state budget investments while increasing competition in procurement, reducing bureaucracy and promoting transparency and efficiency in the process. Public procurement is an important part of the Latvian economy – in 2024, its total volume reached EUR 5.45 billion, or approximately 13% of gross domestic product. However, the procedures are currently often too complex, time-consuming and lack sufficient competition, with only one bidder participating in many cases. The aim of the reform is to return to the fundamental…