The National Planning Development Commission (NDPC) plans to hold series of National Development fora to solicit views, ideas, suggestions and proposals from experts on all sectors of national development to serve as blue print for the total transformation of the state of Ghana.
Participants of these fora will include but not limited to economic and financial experts, Industry Heads, the Academia, Medical Doctors, Accountants, Media Personnel, Agriculturists, Teachers, Medical Practitioners, Environmentalists, the Executive, Judiciary and the Legislative arms of Government, Chiefs and Traditional Rulers, the Security and the Private Sector.
The Chairman of the NDPC, Prof. Stephen Adei, made the disclosure during a courtesy call on the Controller and Accountant General, Eugene Asante Ofosuhene in the latter’s office in Accra to discuss the financial architecture of Ghana and means of enhancing the protection of the national purse.
He said the idea for holding the National Development Forums was to seek the input of all who mattered in the developmental agenda of the country and perhaps, more importantly, to solicit their cooperation, understanding and buy-in for a national consensus in implementing the agreed policies.
Prof. Adei said the outcome of these forums will be crystalized into a guiding agenda for all Governments for the sustainable, uninterrupted and seamless development of Ghana irrespective of which Party or Government was in office.
Prof. Adei also disclosed of plans by the current leadership of the NDPC to turn the Commission into a Think Tank which will be the embodiment of socio-economic, political and cultural development of the country.
Welcoming the NDPC Chairman, Eugene Ofosuhene, the Controller and Accountant General explained that the Controller and Accountant General’s Department (CAGD) was a statutory body under the Ministry of Finance with the core function to keep safe custody of state finances, disburse state funds in addition to the payment of salaries of all Government employees.
He said it was the responsibility of the Department under the PUBLIC Financial Management Act (PFM Act 221) to prepare Accounts of the Government every quarter and to prepare the Annual Account of the state three months from the end of each year and also employ Accountants and Finance Officers for all Metropolitan, Municipal and Districts Assemblies throughout the country.
Mr. Ofosuhene enumerated a number of interventions aimed at enhancing the protection of the state purse including the Ghana Integrated Financial Management System (GIFMIS), an electronic platform which ensures transparency in Accounting, the Electronic Salary Payment Voucher (E-SPV) which ensures that only living workers on Government payroll are paid and paid promptly and the Treasury Single Account (TSA) under which all Bank Accounts of MMDA’s residing in private Banks are to be removed to the Central Bank.
He also talked about the fact that the Department is spearheading the country’s move towards the implementation of the International Public Sector Accounting Standards,(IPSAS) which was launched in November 2018, to make Ghana a part of the global accountancy reform and movement.
Prof. Adei was accompanied by Dr. Grace Bediako, the Acting Director-General of the National Development Planning Commission.