• Latest
  • Trending
Finance Ministry bans government contracts without prior approval

Finance Ministry bans government contracts without prior approval

April 8, 2025
‘Freedom after speech’ now at risk — Afenyo-Markin cautions government

‘Freedom after speech’ now at risk  –  Afenyo-Markin cautions government

October 21, 2025
Enough talk, time for action Afenyo Markin urges parliament to tackle galamsey head-on

Enough talk, time for action Afenyo Markin urges parliament to tackle galamsey head-on

October 21, 2025
Sanae Takaichi makes history as Japan’s first woman to lead the Nation

Sanae Takaichi makes history as Japan’s first woman to lead the nation

October 21, 2025
Sacking me from the party was a poor show of leadership – Abubakar Siddique Boniface tells NPP

Sacking me from the party was a poor show of leadership – Abubakar Siddique Boniface tells NPP

October 21, 2025
"I was set to be Akufo-Addo's running mate; I withdrew" - Abubakar Siddique Boniface reveals

“I was set to be Akufo-Addo’s running mate; I withdrew” – Abubakar Siddique Boniface reveals

October 21, 2025
Speaker Bagbin refers Chief Justice nominee Justice Baffoe-Bonnie to Appointments Committee

Speaker Bagbin refers Chief Justice nominee Justice Baffoe-Bonnie to Appointments Committee

October 21, 2025
Dr. Timothy Karikari hosts industry connect 2.0 to bridge learning and practice

Dr. Timothy Karikari hosts industry connect 2.0 to bridge learning and practice

October 21, 2025
Education Minister Cautions Headteachers Against Denying Placements and Charging Illegal Fees

Education Minister cautions headteachers against denying placements and charging illegal fees

October 21, 2025
GNAT Urges Government Support for Family of Slain Garu Headteacher

GNAT urges government support for family of slain Garu headteacher

October 21, 2025
Speaker Bagbin swears in newly elected MPs for Akwatia and Tamale Central

Speaker Bagbin swears in newly elected MPs for Akwatia and Tamale Central

October 21, 2025
Akufo-Addo Hosts NPP Presidential Aspirants for Unity Breakfast Meeting

Akufo-Addo hosts NPP Presidential aspirants for unity breakfast meeting

October 21, 2025
Trade Ministry warns against smuggling and unlicensed importation of Portland cement

Trade Ministry warns against smuggling and unlicensed importation of Portland cement

October 21, 2025
Happy Ghana
Advertisement
No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
No Result
View All Result
Happy Ghana
No Result
View All Result
Home News

Finance Ministry bans government contracts without prior approval

in News, Top Story
Finance Ministry bans government contracts without prior approval

Finance Ministry bans government contracts without prior approval

Share on FacebookShare on TwitterShare on Whatsapp

Finance Minister Dr. Cassiel Ato Forson has issued a directive that, effective April 3, 2025, no government contract shall be approved without prior commencement authorisation from the Ministry of Finance.

This directive aims to reinforce fiscal discipline and enhance public financial management across all government sectors.

During a high-level meeting with Chief Directors and senior officials from various Ministries, Departments, and Agencies (MDAs), Dr. Forson emphasized the need to halt the unauthorised awarding of contracts.

He made it clear that the Ministry of Finance must give express approval before any contract can proceed, and procurement cannot take place without a commencement certificate.

The Finance Minister highlighted that this policy is not just an administrative change, but a legal obligation under the newly amended Public Financial Management Act, 2025.

He warned that any violation of this directive would lead to serious consequences, adding that the Ministry will no longer bear responsibility for instances of fiscal indiscipline.

Dr. Forson urged public servants to uphold the highest standards of integrity, discipline, and patriotism in managing national resources.

He noted that poor governance and financial mismanagement contribute to the hardships faced by Ghanaians and stressed the importance of responsible leadership.

“Restoring trust in public service begins with transparency, responsibility, and discipline in implementing the national budget.

That journey starts now,” he wrote.

READ FULL STATEMENT BELOW

At a recent meeting with Chief Directors and senior officials of various Ministries, Departments, and Agencies, I delivered a firm directive that takes effect from April 3, 2025:

No government contract shall be approved without prior commencement authorisation from the Ministry of Finance.

This is not business as usual. This is a decisive step to enforce fiscal discipline, ensure accountability, and end the culture of financial recklessness in public administration.

It is in full alignment with the recently amended Public Financial Management Act, 2025.

I made it unequivocally clear: You cannot award contracts without the express approval of the Ministry of Finance.

Every contract must now receive commencement authorisation.

Let me repeat: No commencement certificate, no procurement.

This is not merely a bureaucratic process—it is a legal requirement.

Any breach of this directive will attract serious consequences.

The Ministry of Finance will no longer carry the weight of fiscal indiscipline alone.

If you are a principal spending officer and you violate this directive, you will be held personally accountable.

I urge all public officials to act with integrity and a deep sense of national duty.

We are among the privileged few—we must not continue to subject our people to hardship through negligence or abuse of public resources.

Restoring trust in public service begins with transparency, responsibility, and discipline in implementing the national budget.

That journey starts now.

Tags: contractsDr. Cassiel Ato ForsonFinance Ministrygovernment

Subscribe to receive notification everytime a new post is published. We promise to be discrete.

Unsubscribe
Previous Post

No audit, no payment: Finance Minister takes tough stance on GH¢67bn debt

Next Post

Accra New town residents protest against local hotel for allegedly renting a rooms to minors

Next Post
Accra New town residents protest against local hotel for allegedly renting a rooms to minors

Accra New town residents protest against local hotel for allegedly renting a rooms to minors

Search

No Result
View All Result

Listen Live

Happy Kaseɛbɔ 600AM news bulletin
Happy Kaseɛbɔ 600AM news bulletin

BBC Match of the Day Africa

Happy Ghana

Recent News

  • ‘Freedom after speech’ now at risk  –  Afenyo-Markin cautions government
  • Enough talk, time for action Afenyo Markin urges parliament to tackle galamsey head-on
  • Sanae Takaichi makes history as Japan’s first woman to lead the nation
  • About
  • advertise
  • Privacy Policy
  • Contact Us

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.

No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.