GHS67bn debt owed contractors: No payment until verification of work done – Finance Minister declares
In a recent address to Parliament, Finance Minister Dr. Cassiel Ato Forson revealed that the government owes contractors and suppliers a staggering GHS67.5 billion. This figure emerged following a comprehensive validation exercise initiated by the Ministry of Finance to ascertain the extent of outstanding arrears.
Dr. Forson emphasized that no payments would be made until a thorough verification of the work claimed by contractors and suppliers is completed. This measure aims to ensure fiscal responsibility and the prudent use of public funds.
The Finance Minister underscored the government's commitment to fiscal discipline, stating that future commitments would be aligned with budgetary allocations and actual revenue inflows to prevent the accumulation of arrears.
This development highlights the government's dedication to transparency and accountability in managing public finances, ensuring that expenditures are justified and beneficial to the nation's progress.
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