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Ghana bars contract approvals without authorization from finance ministry

Ghana bars contract approvals without authorization from finance ministry
Bantu Gazetteby Bantu Gazette
April 9, 2025
Reading Time: 2 mins read

Ghana bars contract approvals without authorization from finance ministry

Ghana bars contract approvals without authorization from finance ministry
Ghana bars contract approvals without authorization from finance ministry
Bantu Gazetteby Bantu Gazette
April 9, 2025
Reading Time: 2 mins read

ACCRA, Ghana (BG) – In a move to enforce fiscal discipline and eliminate financial recklessness in public administration, Finance Minister Dr. Cassiel Ato Forson has announced that no government contract will be approved without prior commencement authorization from the Ministry of Finance, effective April 3, 2025.

The directive was delivered at a recent meeting with chief directors and senior officials from various ministries, departments and agencies, the ministry said in a statement on Tuesday.

Forson made it clear that the days of unchecked contract approvals are over.

“You cannot award contracts without the express approval of the Ministry of Finance,” he stated emphatically.

“No commencement certificate, no procurement.”

Forson explained that every government contract must now obtain commencement authorization.

He emphasised that this is not merely an administrative change, but a legal requirement under the amended Public Financial Management Act of 2025.

He warned that any breach of this directive will attract severe consequences.

“The Ministry of Finance will no longer take the fall for fiscal indiscipline,” he said.

The minister called on all public officials to uphold the highest standards of integrity and patriotism in managing public funds.

“We are among the privileged few. We cannot continue to subject our people to hardship through poor governance and financial mismanagement,” Forson stated.

He emphasized that Ghana’s path to fiscal responsibility begins with strict adherence to budget implementation processes, transparency and accountability across all levels of government.

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Stay informed on the stories shaping Africa’s future. Get breaking news, in-depth analysis, opinions and exclusive insights from across the continent delivered to your inbox, free and unfiltered.


Get in touch for more:
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Editorial Director, Bantu Gazette
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Ghana bars contract approvals without authorization from finance ministry

Ghana bars contract approvals without authorization from finance ministry

ACCRA, Ghana (BG) – In a move to enforce fiscal discipline and eliminate financial recklessness in public administration, Finance Minister Dr. Cassiel Ato Forson has announced that no government contract will be approved without prior commencement authorization from the Ministry of Finance, effective April 3, 2025.

The directive was delivered at a recent meeting with chief directors and senior officials from various ministries, departments and agencies, the ministry said in a statement on Tuesday.

Forson made it clear that the days of unchecked contract approvals are over.

“You cannot award contracts without the express approval of the Ministry of Finance,” he stated emphatically.

“No commencement certificate, no procurement.”

Forson explained that every government contract must now obtain commencement authorization.

He emphasised that this is not merely an administrative change, but a legal requirement under the amended Public Financial Management Act of 2025.

He warned that any breach of this directive will attract severe consequences.

“The Ministry of Finance will no longer take the fall for fiscal indiscipline,” he said.

The minister called on all public officials to uphold the highest standards of integrity and patriotism in managing public funds.

“We are among the privileged few. We cannot continue to subject our people to hardship through poor governance and financial mismanagement,” Forson stated.

He emphasized that Ghana’s path to fiscal responsibility begins with strict adherence to budget implementation processes, transparency and accountability across all levels of government.

Ghana bars contract approvals without authorization from finance ministry

Ghana bars contract approvals without authorization from finance ministry
Bantu Gazetteby Bantu Gazette
April 9, 2025

ACCRA, Ghana (BG) – In a move to enforce fiscal discipline and eliminate financial recklessness in public administration, Finance Minister Dr. Cassiel Ato Forson has announced that no government contract will be approved without prior commencement authorization from the Ministry of Finance, effective April 3, 2025.

The directive was delivered at a recent meeting with chief directors and senior officials from various ministries, departments and agencies, the ministry said in a statement on Tuesday.

Forson made it clear that the days of unchecked contract approvals are over.

“You cannot award contracts without the express approval of the Ministry of Finance,” he stated emphatically.

“No commencement certificate, no procurement.”

Forson explained that every government contract must now obtain commencement authorization.

He emphasised that this is not merely an administrative change, but a legal requirement under the amended Public Financial Management Act of 2025.

He warned that any breach of this directive will attract severe consequences.

“The Ministry of Finance will no longer take the fall for fiscal indiscipline,” he said.

The minister called on all public officials to uphold the highest standards of integrity and patriotism in managing public funds.

“We are among the privileged few. We cannot continue to subject our people to hardship through poor governance and financial mismanagement,” Forson stated.

He emphasized that Ghana’s path to fiscal responsibility begins with strict adherence to budget implementation processes, transparency and accountability across all levels of government.

Get the inside Story

Stay informed on the stories shaping Africa’s future. Get breaking news, in-depth analysis, opinions and exclusive insights from across the continent delivered to your inbox, free and unfiltered.


Get in touch for more:
Felix Tih
Editorial Director, Bantu Gazette
WhatsApp
LinkedIn
X (Twitter)
Instagram

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Bantu Gazette is a pioneering news platform that champions Africa's development, culture, and heritage. We spotlight the continent's successes, address its challenges, and provide insightful coverage of events that shape its future.

Bantu Gazette is a pioneering news platform that champions Africa's development, culture, and heritage. We spotlight the continent's successes, address its challenges, and provide insightful coverage of events that shape its future.

Our Platforms

  • Bantu Magazine
  • Bantu Brief
  • Black Frame Studio

Our Services

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  • Advertise
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Bantu Gazette is a pioneering news platform that champions Africa's development, culture, and heritage. We spotlight the continent's successes, address its challenges, and provide insightful coverage of events that shape its future.

Our Platforms

  • Bantu Magazine
  • Bantu Brief
  • Black Frame Studio

Our Services

  • Bantu Agency
  • Advertise
  • Partnerships

Our Services

  • Editorial Director
  • Opportunities
  • Contact
Bantu Gazette
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