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
-
‘Next of kin’ does not grant inheritance rights — Lawyer
2 minutes -
Army leadership hails troops, unity and security gains at 2025 WASSA
9 minutes -
Ghana-Nigeria trade rift looms amid legal dispute – UK Certified Customer Communication and Marketer warns
15 minutes -
Prudential Life joins education stakeholders to encourage financial literacy in education curriculum
24 minutes -
‘Next of kin’ does not grant inheritance rights – Lawyer
55 minutes -
BoG Governor says reforms will shield Ghana from another financial meltdown
1 hour -
BoG to shift banking supervision to risk-based model – Governor outlines strategy for 2026
1 hour -
BoG Governor targets 10% NPL ratio by end of 2026
1 hour -
Nicki Minaj surprises conservatives with praise for Trump, Vance at Arizona event
2 hours -
‘The Wire,’ actor James Ransone dies by apparent suicide at 46
2 hours -
Bristol University threatened with legal action after protest at academic’s talk
2 hours -
US launches review of advanced Nvidia AI chip sales to China, sources say
2 hours -
2 nurses, security guard arrested over alleged baby theft at Tamale hospital
3 hours -
Elon Musk becomes first person worth $700 billion following pay package ruling
3 hours -
Fussy eaters and TV remote hogs: How to avoid family rows over Christmas
3 hours
