Why including more women-owned businesses in public procurement processes matter
Including more women-owned businesses in public procurement processes can empower them and benefit governments. According to the World Bank,Ā 35%Ā of all small to medium enterprises (SMEs) are women-owned, producing aroundĀ 20%Ā of GDP. United Nations Global Markets estimates that, in 2019, the UN spent close toĀ USD 19.9 billionĀ on goods, services and civil works purchases for its functions through