You are here: HomeBusiness2023 08 28Article 1833449

Business News of Monday, 28 August 2023

Source: www.ghanaweb.com

Mahama promises to set up independent Value for Money office to scrutinise all govt projects over $5m

John Dramani Mahama, Ex-President John Dramani Mahama, Ex-President

Former President and Flagbearer of the National Democratic Congress, John Mahama has noted that his government will put measures in place to tackle corruption and misappropriation of public funds.

According to him, government procurement is one of the major areas through which corruption occurs.

He has therefore noted that among other measures, he will set up an independent office to check and scrutinize all contracts above $5 million.

"Government procurement is recognised as a major source of corruption and misappropriation of public funds. We will, among other measures, set up an Independent Value for Money office to scrutinize all government procurements/projects above a $5 million threshold or as shall be recommended by Parliament," Mahama noted in a post on X (formerly twitter).

John Mahama also noted that when his party comes to power, he will run a 24-hour economy.

He said: “A new NDC administration will work urgently to equip our youth with the entrepreneurial knowledge and skills needed for a sustainable future. We will introduce a 24-hour economy with incentives and tax breaks for manufacturers who will run extra shifts to create more room for employment.”

SSD/DA



Ghana’s leading digital news platform, GhanaWeb, in conjunction with the Korle-Bu Teaching Hospital, is embarking on an aggressive campaign which is geared towards ensuring that parliament passes comprehensive legislation to guide organ harvesting, organ donation, and organ transplantation in the country.

Watch the latest edition of BizTech and BizHeadlines below: