Close Menu

    Subscribe to Updates

    Get the latest headlines from PapaLinc about news & entertainment.

    What's Hot

    Davido brought toxicity, rivalry to Nigerian music industry – Samklef claims

    Female farmers sound alarm over plummeting produce prices

    Access Restricted

    Facebook X (Twitter) Instagram
    • Lifestyle
    • Africa News
    • International
    Facebook X (Twitter) Instagram YouTube WhatsApp
    PapaLincPapaLinc
    • News
      • Africa News
      • International
    • Entertainment
      • Lifestyle
      • Movies
      • Music
    • Politics
    • Sports
    Subscribe
    PapaLincPapaLinc
    You are at:Home»Politics»Public expenditure goes electronic effective Jan. 2026
    Politics

    Public expenditure goes electronic effective Jan. 2026

    Papa LincBy Papa LincOctober 24, 2025No Comments3 Mins Read3 Views
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
    Public expenditure goes electronic effective Jan. 2026
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email


    Effective January 2026, the Comptroller and Accountant-General will cease issuing manual cheques as all public expenditures will be processed through the Ghana Integrated Financial Management Information System (GIFMIS), Deputy Finance Minister, Mr. Thomas Nyarko Ampem, has announced.

    He explained that the decision was to ensure full automation of the public financial management system and promote transparency and accountability in government spending.

    “From January next year, if you don’t operate within the system, you cannot spend,” he stated.

    The directive, he emphasised, was aimed at compelling all Ministries, Departments and Agencies (MDAs) to operate strictly within the electronic platform to enhance fiscal discipline and efficiency.

    Mr. Ampem made the announcement when he addressed participants at the 11th Public Procurement Forum held in Accra yesterday on the theme: ‘GHANEPS: Enhancing Transparency, Efficiency and Effectiveness in Public Procurement.’

    The forum, organised by the Public Procurement Authority (PPA), brought together policymakers, procurement officers, and suppliers to deliberate on strengthening the Ghana Electronic Procurement System (GHANEPS) and advancing the government’s digitalisation agenda.

    He further disclosed that the Ministry of Finance was also taking steps to ensure that all procurement transactions would be conducted exclusively through GHANEPS.

    “Very soon, if you don’t procure through GHANEPS, you cannot procure,” he said, urging entities yet to integrate with the platform to “start putting their house in order.”

    According to him, about 55 per cent of procurement activities were still being carried out outside the system — a situation the Ministry was determined to address by making electronic procurement mandatory.

    Touching on broader reforms, Mr. Ampem indicated that the government had amended the Public Procurement Act to strengthen compliance and enforcement, closing critical gaps in the system and aligning procurement practices with global standards.

    Furthermore, he emphasised that effective procurement was synonymous with fiscal discipline, public trust, and national development, noting that about 40 per cent of Ghana’s total domestic revenue — approximately GH¢87 billion in 2025 — was projected to pass through the procurement system.

    Mr. Ampem said the government was also leveraging procurement to promote made-in-Ghana goods, stimulate local production and create jobs, as part of efforts to reset the economy under President John Mahama’s leadership.

    He urged MDAs to prioritise the purchase of locally produced goods to support Ghanaian industries.

    The Chief Executive Officer of the Public Procurement Authority, Mr. Frank Mante, in his remarks, underscored the importance of e-procurement in combating corruption and unethical practices in the public sector.

    He explained that the automation of procurement processes through GHANEPS would make transactions traceable and verifiable, thereby minimising manipulation, late tenders, and document alterations.

    Citing international examples, Mr. Mante noted that countries like Indonesia, South Korea, and Somalia had recorded significant reductions in corruption and cost savings through e-procurement systems.

    Additionally, Mr. Mante revealed that the full integration of GHANEPS and GIFMIS would ensure that procurement activities commence only when funds are committed, preventing the accumulation of arrears and ensuring fiscal discipline.

    The World Bank West Hub Coordinator, Ms. Lina Tutunji, reaffirmed the bank’s strong partnership with Ghana and the PPA in modernising public procurement through the GHANEPS system to promote transparency and accountability.

    BY CECILIA YADA LAGBA

    🔗 Follow Ghanaian Times WhatsApp Channel today. https://whatsapp.com/channel/0029VbAjG7g3gvWajUAEX12Q
    🌍 Trusted News. Real Stories. Anytime, Anywhere.
    ✅ Join our WhatsApp Channel now! https://whatsapp.com/channel/0029VbAjG7g3gvWajUAEX12Q



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Telegram Email
    Previous ArticleAre you the coach? – Fans react to Kurt Okraku’s remarks on players who rejected Ghana
    Next Article Bizarre moment man steals 21 manhole covers from a single street in one night
    Papa Linc

    Related Posts

    Supreme Court suspends Kpandai election rerun

    December 16, 2025

    Prof. Mike Oquaye calls for national unity amid political polarisation

    December 16, 2025

    Allied Health Professional Council warns against unaccredited optical dispensing programme

    December 16, 2025
    Ads
    Top Posts

    Here’s why Ghana Airways collapsed in 2004

    November 5, 202453 Views

    A Plus questions the hypocrisy of NPP members who remained silent about corruption for 8 years, only to speak out after losing power.

    December 26, 202450 Views

    Miracle of ‘the 33’ that gripped the world: How dozens somehow survived 69 days of hell trapped 2,300ft down in Chilean gold mine… and the bizarre love-triangle that raged on the surface

    October 11, 202546 Views

    Urgent search continues for Paul Barning after he was attacked by shark during fishing competition

    February 23, 202545 Views
    Don't Miss
    Entertainment December 17, 2025

    Davido brought toxicity, rivalry to Nigerian music industry – Samklef claims

    Samklef (L) claimed that with Davido’s entry came toxicity with cultist mindset Record producer, Samklef…

    Female farmers sound alarm over plummeting produce prices

    Access Restricted

    Why DR Congo might lose their 2026 World Cup Playoff spot to Nigeria

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • WhatsApp

    Subscribe to Updates

    Get the latest headlines from PapaLinc about news & entertainment.

    Ads
    About Us
    About Us

    Your authentic source for news and entertainment.
    We're accepting new partnerships right now.

    Email Us: info@papalinc.com
    For Ads on our website and social handles.
    Email Us: ads@papalinc.com
    Contact: +1-718-924-6727

    Facebook X (Twitter) Pinterest YouTube WhatsApp
    Our Picks

    Davido brought toxicity, rivalry to Nigerian music industry – Samklef claims

    Female farmers sound alarm over plummeting produce prices

    Access Restricted

    Most Popular

    Grace Ashly on how she ‘spiritually’ energised her cheer songs for the Black Stars

    October 17, 20240 Views

    Apologizing for what? – Kudus slammed on social media after issuing Black Stars apology

    October 17, 20240 Views

    Some fascinating moments captured at Bawumia’s engagement with the creatives

    October 17, 20240 Views
    © 2025 PapaLinc. Designed by LiveTechOn LLC.
    • News
      • Africa News
      • International
    • Entertainment
      • Lifestyle
      • Movies
      • Music
    • Politics
    • Sports

    Type above and press Enter to search. Press Esc to cancel.

    Ad Blocker Enabled!
    Ad Blocker Enabled!
    Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.