Audio By Carbonatix
President John Evans Atta Mills has directed no new project should commence until on-going ones are completed.
The new directive is said to be a strict control of government’s spending.
Payments for new projects are also to be halted by the directive.
The Minister for Finance and Economic Planning, Dr. Kwabena Duffuor announced this at a meeting with sector and Regional Ministers to discuss government spending in Accra on Wednesday.
He told his colleagues the President has ordered that all new and on-going projects should be registered with the Public Investment Division of the Ministry of Finance before the end of April this year.
According to him, no municipal and district assembly is allowed to sign Memorandum of Understanding for projects, procurement of vehicles, services and equipment unless such mandate has been approved by cabinet and adequate provision is made in the national budget.
Dr Duffour said all contracts for the procurement of goods, services and works are to be forwarded to the Attorney-General’s office for review and clearance before such documents are signed.
He advised municipal and district assemblies to adhere strictly to the provisions of the Public Procurement Act, Act 663.
Later in an interview with Joy News TV reporter, Eric Curtis Howard, a Deputy Minister of Finance and Economic Planning, Fifi Kwetey explained the directive from the President is part of efforts to reduce government spending in the run up to the elections and to ensure all government projects are carried out within the confines of the budget to ensure transparency and accountability.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Two feared swept away after River Agyei overflows Kasoa–Domeabra road
2 minutes -
Tony Elumelu appointed chairman of Seplat Energy
16 minutes -
Education Minister raises alarm over indiscipline in SHSs, announces national reform conference
17 minutes -
Lom Ahlijah advocates tech-based monitoring in schools after assault case
22 minutes -
UTAG threatens nationwide strike over delay in book and research allowance rate
29 minutes -
Boundary Commission urges border residents to protect boundary pillars and support national security
32 minutes -
Ghana to grow at 5.0% GDP in 2026, but faces huge investment financing gap – AfDB
33 minutes -
Deputy AG, 14 CSOs appear at Supreme Court for hearing on challenge to OSP’s prosecutorial powers
39 minutes -
Minority MPs meet Ghana High Commissioner to Canada to discuss diaspora welfare and bilateral relations
47 minutes -
GNAT threatens WASSCE boycott over detained Nyinahin SHS teacher
55 minutes -
Free SHS: Education Minister hails end of school food shortages
59 minutes -
NLA Director-General calls for a concerted effort in fight against illegal gambling
1 hour -
74% of returned Ghanaians had overstayed visas – South Africa’s Int’l Relations Minister
1 hour -
Ghana’s National Vaccine Institute joins WHO-backed Global Clinical Trials Forum
1 hour -
World Bank set to approve US$300m for expansion of Ghana’s school infrastructure
1 hour