Audio By Carbonatix
Deputy Minister of Finance, Thomas Ampem Nyarko, has assured that the ministry will support the push for the consideration of the public procurement and supply bill.
The bill is expected to regulate procurement in the public sector as well as help the government avoid leakage in the financing projects.
Speaking at the National Procurement and Supply Chain Conference, the deputy minister also added that the government will include environmental sustainable governance in the bill to boost the green economy.
He was speaking under the theme: Re-imagining procurement and supply for sustainable development and economic resilience.
“This is to confirm that cabinet is currently considering this bill and the ministry of finance with parliament and the lead sponsor ministry of education and all stakeholders will ensure its passage in the next sitting.
Because of the repeated statements that I have heard in this auditorium about this bill as soon as I leave here I will place a call to the education Minister to have a discussion on prioritizing this bill.
The executive will do our part and send it to parliament.
We are targeting the end of this year, parliament will consider when we’re back somewhere in October” he assured.
The conference is focused on the economy as the Institute believes that the country's economic activity begins at the procurement level.
Speaking on behalf of the finance minister, Deputy Minister of finance, Thomas Ampem Nyarko believes that practitioners must be licensed to operate in a regulated environment to stimulate economic growth.
He acknowledged the role played by the Ghana Institute of Procurement and Supply chain in advancing the course of government in procurement processes. He therefore assured that maximum attention will be given to the procurement and supply chain professionals’ bill when parliament resumes.
President of the Institute, Dr. Simon Annan welcomed the assurance and promised to follow through to ensure passage of the bill.
The two days conference is organized by the Ghana Institute of public Procurement and supply chain.
Latest Stories
-
Insurance contracts railroaded by unseen political hands – IMANI
3 minutes -
When Builders Are Broken: A nation’s conscience on trial
7 minutes -
Otto Addo: A pointless that failed spectacularly
7 minutes -
Bond market: Turnover declines by 59% to GH¢377.59m
19 minutes -
Touching children’s lives elevates me – James Kofi Annan
21 minutes -
Police arrest man over viral threats against High Court judge
21 minutes -
Parliament submits five bills to President Mahama for assent
26 minutes -
Otto Addo lacked credentials for Black Stars job – Ekow Asmah
32 minutes -
74% of SMEs collapse within 5 years; experts call for urgent business structuring reforms
32 minutes -
Agbodza commends Maripoma Enterprise for progress on Tema Motorway project
34 minutes -
Justice Dela Amevor leads PTA to deliver new girls’ dormitory at Anlo Technical Institute
34 minutes -
Ga Mantse urges strict enforcement of building regulations after Accra New Town tragedy
36 minutes -
Germany commissions border Sheds to boost Ghana’s immigration operations at Aflao
42 minutes -
Sam Jonah’s concerns fuel IMANI’s petition to Mahama over political interference in insurance sector
42 minutes -
Edward T. Hightower honoured for Excellence in Transforming Electric Mobility at 2026 Corporate Leadership Excellence Awards
53 minutes
