Abstract

This research uses recent growth theory and Statistics Packaging for Social Sciences (SPSS) techniques empirically test and indicate the causal link the Influence of public procurement regulations on Economic Growth in Rwanda. The objective of this study is to identify and understand the relationship that exist between independent variables and dependent variable for predict the accurate and strong planning and achieving to the needed Economic Growth in Rwanda in accordance with the adequate public procurement. 

The study covers the period of 2015 to 2019. It was considered explanatory variables such as contribution of public procurement regulations, public procurement value on awarded tenders and planned budget value through ethics in public procuring entities, public procurement professionalism in public entities.

National Gross Domestic Product (NGDP) in terms of Economic Growth is used as Dependent variable in the estimation while the Public Procurement Regulation is independent variable. The study used qualitative and quantitative analysis. The data analyzed in this study are primary data and secondary data obtained from RPPA, BNR, MINECOFIN reports and publications and data from World Bank Development Indicators. 

The empirical analysis on basis of Linear regression test suggest that there is an existence of log run equilibrium relationship between Economic growth and public procurement regulations. Also, the core findings of this study shows that all variables (career development, empowerment, promotion) are statistically significant variables explaining economic growth in Rwanda. The effects of stochastic shocks of each of the endogenous variables are explored using correlation testing model through (SPSS). This study is provided on the contribution of public procurement regulations on Economic Growth in Rwanda.  

In order to fully implement their objectives, the procuring entities must improve the procurement Ethics and Procurement Professionalism in order to achieve the value for money for needed works, supplies and consultancy services through competition, transparence, fairness and effectiveness on the various bidders where competency, capacity, control, cash, cost consistency through right   quality, quantity, cost and place in due time should be used. 

This research is helpfully to the researcher to obtain the Master’s Degree of Procurement and Supply Chain Management and improving the knowledge related to the public procurement system to other academic research and social interest for facilitating the Decision makers, stakeholders and other partners on Economic Growth of Rwanda.