The AUB Issam Fares Institute for Public Policy and International Affairs (IFI) in partnership with EuroMESCO and the EU mission in Lebanon, cordially invites you to a webinar titled “Public Procurement Law: What are the challenges for implementation?”on Tuesday, November 9, 2021, at 4:00 pm (Beirut time).

Lebanon’s disintegrated and obsolete public procurement system has increased corruption over the years decreasing efficiency levels. This has contributed to ranking Lebanon’s public procurement system below average internationally, which reflects negatively on its level of competitiveness and ability to conduct business.

In response to this challenge and amid the country’s economic collapse, the Lebanese Parliament adopted on June 30, 2021, the Public Procurement Law no. 244/2021. The Public Procurement Law was drafted by the Ministry of Finance, which mandated the Institut des Finances Basil Fuleihan to take lead in this process and was issued in accordance with international guidelines.

With an approximate 9-month period till its implementation deadline in August 2022, the Law aims to restore trust with foreign investors and the Lebanese, as well as contribute to economic recovery and development. Yet the law’s implementation process faces several challenges.

In this webinar, a prestigious lineup of speakers will present the role of the law in fighting corruption and the challenges it faces in the political context, as well as the steps needed to ensure proper implementation.