Audio By Carbonatix
Management consultant and procurement specialist, Kobina Ata-Bedu, has raised concerns over the recently passed Value for Money Bill, which is currently awaiting presidential assent.
According to him, Ghana does not require a new law, arguing that existing institutions and legal frameworks are adequate to ensure value for money in public spending.
He spoke on the Joy Super Morning Show.
Parliament on Wednesday passed the Value for Money Office Bill, 2026, paving the way for the establishment of an independent body to strengthen oversight of public expenditure and procurement processes.
However, Mr Ata-Bedu insists the proposed law is unnecessary, urging the government to focus instead on enforcing existing regulations.
He emphasised that the current procurement framework, particularly under the Public Procurement Act, already incorporates value-for-money principles.
“The procurement system that has been designed through Act 663 has value for money innately embedded. So, we don’t need another entity or another law,” he stated.
“What we need to do is to allow that system to work.”
He cited ongoing concerns surrounding the government’s Big Push programme, particularly the use of single-source procurement, as an example of how existing systems are being undermined.
“The classic example of us not allowing the system to work, or even abusing it, is the current conversation we are having on the Big Push single-sourcing activities. That is how value is taken out of the process,” he explained.
Mr Ata-Bedu maintained that the procurement framework, if properly adhered to, is capable of delivering the value the country seeks without the need for additional legislation.
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