The Parliament of Ghana took a big step in the direction of strengthening its legislative core because the Speaker, Alban Kingsford Sumana Bagbin formally launched a US$ 1,600.00 Million capacity-building undertaking.
This initiative, developed by way of a partnership with the World Financial institution and the UK’s Overseas, Commonwealth and Growth Workplace (FCDO), is designed to boost the talents of Members of Parliament and their workers in areas of financial and monetary governance.
On the launch, the Speaker expressed his gratitude to each organizations, emphasizing that this collaboration would reinforce Ghana’s democracy and assist Parliament in fulfilling its constitutional mandate extra successfully.
The undertaking, entitled “Constructing the Capability of Parliamentarians for Financial and Monetary Governance,” was launched by representatives from the World Financial institution and FCDO, who highlighted its significance in modernizing the legislative course of.
The Speaker famous that the initiative would deepen current partnerships between Ghana, the UK, and the worldwide growth neighborhood.
He underscored {that a} retooled Parliament wouldn’t solely enhance legislative effectivity but additionally assist restore confidence in democratic governance and promote sound financial oversight.
In welcoming the undertaking, the Clerk to Parliament, Mr. Ebenezer Ahumah Djietror outlined its potential to develop the engagement between Parliament and growth companions.
He identified that by equipping Parliament with higher instruments and experience, the establishment can be extra able to discharging its legislative and oversight duties benefiting your complete nation and its residents.
Representatives from the UK, together with Keith McMahon of FCDO and Ms. Michelle Keane of the World Financial institution, voiced the significance of steady growth in parliamentary procedures.
They emphasised that enhancing MPs’ understanding of legislative processes and monetary administration would foster larger accountability and transparency.
Based on them, this could assist fight corruption and make sure that public funds are managed prudently, aligning with Ghana’s sustainable growth targets.
Leaders from either side of the home, Mahama Ayariga and Alexander Afenyo-Markin, highlighted the significance of the initiative, describing it as each well timed and impactful.
They referred to as on committee leaders to imagine full accountability for the undertaking and work steadfastly to make sure its profitable rollout.
United in goal, they expressed confidence that this effort would improve Parliament’s effectivity and contribute considerably to Ghana’s broader growth aims.