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
-
GTEC names 62 unrecognised institutions, warns public against fake certificates (LIST)
16 minutes -
Wa West Assembly commits GH¢500,000 to water projects, commissions boreholes
29 minutes -
Funsi enskins new paramount chief after four-year vacancy
41 minutes -
Hayford Addai departs Ghana for World Para Athletics Grand Prix in Morocco
2 hours -
Green Scholars Project launched in South Tongu to promote youth engagement in agriculture
2 hours -
BoG Governor hosts ‘Central Bank Bridge: Remit2Invest’ dialogue in Virginia, USA
4 hours -
Damang communities to benefit from development and jobs after E&P takeover – Lands Ministry
4 hours -
Ghana’s economic recovery driven by structural reforms – Ato Forson
4 hours -
Mahama pledges locally funded water project for Tamale after external loan setback
5 hours -
Eni Ghana and partners to expand healthcare access in Western Region
5 hours -
ECG Eastern Region earns multiple awards
5 hours -
Ketu North Assembly empowers PWDs with income-generating tools
5 hours -
Dekpor community appeals for revival of fish pond to boost local economy
5 hours -
Deputy Chief of Staff reaffirms Mahama’s commitment to ‘Resetting Ghana Agenda’
5 hours -
France reaffirms commitment to dialogue on reparatory justice following UN resolution
5 hours