Audio By Carbonatix
Kobina Ata-Bedu, Management Consultant and Procurement Specialist, has criticised the recently passed Value for Money Office Bill 2026, describing it as “useless” and likely to create confusion in public financial management.
He made the remarks during the JoyNews Newsfile programme on Saturday, March 28.
“The bottom line is that this is a useless Act that is only going to create confusion because the obligations and responsibilities are already enshrined in several laws, and all we have to do is to make them work,” Ata-Bedu said.
“When they are not working, all those laws have clauses in them for contraventions and penalties.”
The Bill, which was passed in Parliament earlier this year, establishes an independent Value for Money Office intended to strengthen oversight of public spending and procurement.
Finance Minister Dr Cassiel Ato Forson described it as a mechanism to address inefficiencies, cost overruns, abandoned projects, and wasteful spending across government institutions.
Ata-Bedu warned that, despite its intentions, the new framework risks duplication of existing provisions, potentially overlapping with other oversight mechanisms and complicating enforcement rather than improving accountability.
He urged that attention be focused on effectively implementing existing laws before creating new institutions.
Latest Stories
-
96% of Ghanaian pensioners willing to work beyond retirement age – Study
3 minutes -
Ghana gets nuclear power plant simulator
9 minutes -
GMTF, Atlantic Lifesciences explore local production of cancer and heart medicines
14 minutes -
GHS medical-legal claims hit GH¢400m in three years
20 minutes -
Mahama cautions Ghanaians not to take religious freedom for granted
36 minutes -
We need development pathway, not selection exercise – Sports Minister urges football stakeholders
43 minutes -
Government prioritises foundational learning to improve education outcomes
49 minutes -
Ghana, Côte d’Ivoire deepen maritime security cooperation through joint boundary inspection
55 minutes -
Three-hour rainfall exposes poor drainage system in Kadjebi
1 hour -
Ghana, China push AI innovation in healthcare
1 hour -
Give young people skills and the systems to create jobs
1 hour -
Food inflation never responded – Dr Yamson says Ghana must stop throwing money at short-term fixes
2 hours -
Oil set for second weekly rise as unsettled US-Iran war crimps supply
2 hours -
US teen drops lawsuit against Meta, Google and Snap ahead of trial
2 hours -
Meghan could return to acting once back in UK
2 hours