Saturday, June 25, 2022

Ghana saved GH¢1.9 billion through rigid procurement processes

Must Read

Albert Kwabena Dwumfour is new GJA President-Elect

By: Henrietta Afful Albert Kwabena Dwumfour has been elected President of the Ghana Journalists Association, GJA after the National and...

Younga 101 drops latest single, “No Sad Days”

Ghanaian Afro-Fusion artist has released his latest single, ‘No Sad Days’ (NSD). Younga 101 is a rapper, singer and songwriter....

We’ll block all unregistered SIM cards after 31st July – MTN warns as deadline looms

By: Nicholas Osei-Wusu As the 31st July 2022 deadline for the merger of people’s mobile phone SIM numbers and their...

The Public Procurement Authority (PPA) has saved the Country about 1.9 billion cedis in the last 21 months. This is the result of plugging several loopholes in the procurement process.

The establishment of a ‘Due Diligence’ office, otherwise known as a ‘Value for Money Unit’ is also a contributory factor to this success.

The Chief Executive Officer of the Authority, Agyenim Boateng  Agyei made this known at the Meet the Press Series in Accra.

The Chief Executive Officer of the Public Procurement Authority, Agyenim Boateng  Agyei, said the Authority implemented several  initiatives which have ensured  tranparency in the operations of the Authourity.

One of these initiatives is the establishment of a Special Procurement Investigation Unit which conducts random checks into the procurement activities of entities.

Mr.  Boateng Agyei stated that the Authority is also considering increasing procurement threshholds.

The CEO of the PPA said inspite of the successes chalked up, the Authority is still faced with a myriad of challenges as far as its operations are concerned.

He mentioned  lack of funding for their programmes and  delays with release of funds even in cases where government has given approval. The Authority,  he said,  has  to depend on donor funds to run most of its  programmes within the dictates of the donors’ terms and conditions.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Albert Kwabena Dwumfour is new GJA President-Elect

By: Henrietta Afful Albert Kwabena Dwumfour has been elected President of the Ghana Journalists Association, GJA after the National and...

Younga 101 drops latest single, “No Sad Days”

Ghanaian Afro-Fusion artist has released his latest single, ‘No Sad Days’ (NSD). Younga 101 is a rapper, singer and songwriter. He refers to his music...

We’ll block all unregistered SIM cards after 31st July – MTN warns as deadline looms

By: Nicholas Osei-Wusu As the 31st July 2022 deadline for the merger of people’s mobile phone SIM numbers and their Ghana Card fast approaches, one...

Nobody has to pay a penny to go to my school – Michael Blackson

By: Seli Baisie   American-Ghanaian-Liberian actor and comedian, Michael Blackson has revealed that the new school he has constructed at Nsaba near Swedru in the Central...

School Feeding vrs Cathedral: Government urged to set priorities right

By: Nana Ama Gyapong The Executive Director of the National Interest Movement, Susan Adu-Amankwa has asked government to prioritize what is important it, that is,...

More Articles Like This