The Caribbean Development Bank (CDB / the Bank) reinforced its commitment to advancing modern, transparent, and innovative public procurement systems across the Caribbean at the 20th Annual Conference of the Inter-American Network on Government Procurement (INGP), held in Monterrey, Mexico from August 12-14.
A key outcome of this year’s conference was the adoption of the Monterrey Declaration: Innovation as a Driver of Public Procurement Transformation, which positions innovation as a strategic pillar for the evolution of public procurement across the Americas. The Declaration calls for technology-driven reforms, enhanced professional capacity, and greater collaboration to strengthen transparency, accountability, competition, and value for money.