The Rating Member of Parliament’s Committee on Financial system and Growth, Kojo Oppong Nkrumah, has introduced his Committee’s dedication to making sure fiscal prudence and avoidance of price range overruns.
This transfer is geared toward selling transparency, accountability, and accountable spending of public funds.
In response to him, his Committee will likely be partnering the Funds Committee to attain the target.
“The job of the Funds Committee which we’ll be helping them [government] from the economic system aspect is to make sure that all of those are adhered to forestall overruns. There may be fairly an elaborate provision within the PFMA [Public Financial Management Act]. We haven’t been too glorious in implementing it however now now we have a number of committees maintaining a tally of the enforcement of the rules”, he talked about on the Enterprise Reside on Pleasure Information.
Mr. Oppong Nkrumah acknowledged that the Committee’s deal with stopping price range overruns is especially vital, given the federal government’s efforts to cut back expenditure and obtain financial stability.
“On the Financial system committee aspect, we are going to quickly begin our public hearings, inviting the ministers to come back and current the Annual Efficiency Report to identify any overruns that occurred within the earlier years and the way you’re spending this yr”.
By taking a proactive stance on fiscal duty, Mr. Oppong Nkrumah’s ommittee hopes to contribute to a extra steady and affluent financial setting for Ghana.
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