The Director of the Institute of Statistical, Social, and Economic Research (ISSER) of the University of Ghana believes the government will continue to wallow in deficits if it keeps turning a blind eye to audits into procurement processes.
According to Prof Peter Quartey, it is high time the Auditor General commissioned a forensic audit as part of its financial assessments of government expenditure.
"It surprises me that we don't do this expenditure tracking. We don't use this forensic or procurement audit and we are always doing financial audits," he said.
He made these remarks on Joy FM ahead of the reading of the 2024 Budget Statement in Parliament.
Speaking on Wednesday, November 15, he said this phenomenon leaves room for corrupt practices to fester.
The economist also lamented the kid gloves with which officials implicated in the Auditor-General's reports are treated.
"The Auditor General's report is awash with a lot of evidence already. It ends up in Parliament but hardly do we see how far it has gone [in terms of ] people being punished... maybe it's being done but to the best of my knowledge, it is not very public," he added.
Tamale South MP, Haruna Iddrisu believes the recommendations from the ISSER boss are salient and hopes that it would be considered by the appropriate bodies.
Latest Stories
-
Andre Ayew hits 200-game mark in Ligue 1
34 mins -
Franklin Cudjoe lauds Afari Gyan’s pragmatic leadership during his tenure as EC boss
38 mins -
Israel orders more evacuations as Rafah fighting intensifies
1 hour -
Connielove Dzodzegbe: The childless mother
4 hours -
Media houses must uphold high standards – Gyan Apenteng
5 hours -
Virginia university students walk out of graduation event
10 hours -
Energy Commission issued advisory on recent power interruptions in 2023
10 hours -
Ghana to lobby AU for intercontinental initiative on reparations – President
11 hours -
Dollarise Ghana’s economy to curb Cedi depreciation —Dr Kwakye suggests
11 hours -
Art Tech Institute launched to revolutionise jewelry education in Ghana
12 hours -
Mohammed Kudus’ solo strike against Freiburg wins West Ham Goal of the Season
12 hours -
MTN FA Cup: Nsoatreman beat Legon Cities to make first-ever final
13 hours -
MTN Ghana Foundation’s new maternity, NICU block brings joy to expectant and nursing mothers on Mother’s Day
14 hours -
Finance Minister urges GRA Customs Division to intensify revenue collection efforts
15 hours -
Work hard to exceed expectations – Finance Minister to Customs officials
15 hours