Explain the connection between state aids/subsidies, and government procurement.

Question

I have to write a paper and explain the connection between state aids/subsidies, and government procurement. What is the connection between them and which topics should I mention?

Answer 1

State aid/subsidies are monetary or other credits the state provides to an eligible business or entity. Procurement is the general term of buying something of value for an agreed price under specific terms and conditions.

Either topic is great for a paper.

Buddy Bacchus

MFI Safety Coach