STATE PROCUREMENT ASPECTS IN GEORGIA

One of the key areas of economic reform since Georgia's independence was the reform of the state procurement system. The process of the reform brought Georgia closer to international procurement standards. For this purpose, a regulatory legislative framework for public procurement has been established and its principles put into practice. The reform of the state procurement system in Georgia was implemented with the support of the World Bank, the United Nations and other international organizations. This system is still being refined. Various scientists are doing research on these problems. [1-34]. In this research, after analyzing the pros and cons of the public procurement system, we can conclude: Proper public procurement policy enables the country to manage its public finances in a rational, transparent and competitive environment, which promotes the development of the local business, the creation of new jobs and eventually the growth of the economy.