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

Finance Ministry bans government contracts without prior approval

April 8, 2025
GHS confirms six new Mpox cases in Ghana, total rises to 91

GHS confirms six new Mpox cases in Ghana, total rises to 91

June 17, 2025
America Does Not See Africa as an Ally – Diplomatic Observer Speaks on U.S. Travel Ban on Ghana

America does not see Africa as an ally – Diplomatic Observer Speaks on U.S. Travel Ban on Ghana

June 17, 2025
Justice Denis Adjei Opposes Mandatory Death Sentence

Justice Denis Adjei Opposes Mandatory Death Sentence

June 17, 2025
ECG disconnects GWL over nearly GH¢1bn debt

ECG disconnects GWL over nearly GH¢1bn debt

June 17, 2025
India regulator asks Air India for training data of pilots, dispatcher of crashed plane

India regulator asks Air India for training data of pilots, dispatcher of crashed plane

June 17, 2025
Over 300 residents displaced by torrential rains in Awutu Bereku and Fetteh Kakraba

Over 300 residents displaced by torrential rains in Awutu Bereku and Fetteh Kakraba

June 17, 2025
BECE candidates lockdown: we are investigating the matter- GES assures

BECE candidates lockdown: We are investigating the matter – GES assures

June 17, 2025
Yeji Market Women Banned from Using Gas and Coalpots at Market Square

Yeji Market Women Banned from Using Gas and Coalpots at Market Square

June 17, 2025
NPP Chairman Stephen Ntim’s Family Requests Temporary Withdrawal from Party Duties Over Health Concerns

NPP Chairman Stephen Ntim’s Family Requests Temporary Withdrawal from Party Duties Over Health Concerns

June 17, 2025
Ken Ofori-Atta willing to cooperate with Special Prosecutor- Angela Ofori- Atta

Ken Ofori-Atta willing to cooperate with Special Prosecutor- Angela Ofori-Atta

June 17, 2025
VIDEO: Here's why Hearts of Oak was charged for security breach in Ghana Premier League victory over Young Apostles

Hearts of Oak set up recruitment Committee ahead of 2025/26 Season

June 17, 2025
GFA approves 2025/26 omnibus Competitions Calendar; Season kicks off July 1

GFA approves 2025/26 omnibus Competitions Calendar; Season kicks off July 1

June 17, 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

BBC Match of the Day Africa

Happy Ghana

Recent News

  • GHS confirms six new Mpox cases in Ghana, total rises to 91
  • America does not see Africa as an ally – Diplomatic Observer Speaks on U.S. Travel Ban on Ghana
  • Justice Denis Adjei Opposes Mandatory Death Sentence
  • 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.