97pc of State firms hide beneficiaries of tenders

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Government entities began publishing beneficial ownership information of entities awarded public contracts through the PPIP in November 2022.

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Only 926 government entities have revealed the beneficial owners of firms awarded State tenders out of more than 33,000 institutions mirroring the sluggish progress of transparency in public procurement.

Procuring government entities have been required to disclose beneficial ownership information for awarded contracts on the Public Procurement Information Portal (PPIP) to boost transparency.

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Note: The results are not exact but very close to the actual.