thresholds

Japan hikes yen-based thresholds for WTO public procurement

The Finance Ministry and Ministry of Internal Affairs and Communication announced adjusted higher yen-based thresholds for WTO public works tenders for 2016 and 2017 on January 25th   The thresholds in the WTO Agreement on Public Procurement (GPA) are set in IMF Special Drawing Rights (SDR) and fixed, however the local currency equivalent is adjusted periodically.  

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