Deputy Minister of Finance, Thomas Ampem Nyarko, has assured that the ministry will support the push for the consideration of the public procurement and supply bill.
The bill is expected to regulate procurement in the public sector as well as help the government avoid leakage in the financing projects.
Speaking at the National Procurement and Supply Chain Conference, the deputy minister also added that the government will include environmental sustainable governance in the bill to boost the green economy.
He was speaking under the theme: Re-imagining procurement and supply for sustainable development and economic resilience.
“This is to confirm that cabinet is currently considering this bill and the ministry of finance with parliament and the lead sponsor ministry of education and all stakeholders will ensure its passage in the next sitting.
“Because of the repeated statements that I have heard in this auditorium about this bill as soon as I leave here I will place a call to the education Minister to have a discussion on prioritizing this bill.
“The executive will do our part and send it to parliament.
“We are targeting the end of this year, parliament will consider when we’re back somewhere in October” he assured.
The conference is focused on the economy as the Institute believes that the country’s economic activity begins at the procurement level.
Speaking on behalf of the finance minister, Deputy Minister of finance, Thomas Ampem Nyarko believes that practitioners must be licensed to operate in a regulated environment to stimulate economic growth.
He acknowledged the role played by the Ghana Institute of Procurement and Supply chain in advancing the course of government in procurement processes. He therefore assured that maximum attention will be given to the procurement and supply chain professionals’ bill when parliament resumes.
President of the Institute, Dr. Simon Annan welcomed the assurance and promised to follow through to ensure passage of the bill.
The two days conference was organized by the Ghana Institute of public Procurement and supply chain.
