{"id":1225500,"date":"2022-10-15T19:28:34","date_gmt":"2022-10-15T19:28:34","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/10\/15\/block-leakages-in-procurement-contracts-economist-economy\/"},"modified":"2022-10-15T19:28:34","modified_gmt":"2022-10-15T19:28:34","slug":"block-leakages-in-procurement-contracts-economist-economy","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/10\/15\/block-leakages-in-procurement-contracts-economist-economy\/","title":{"rendered":"Block Leakages In Procurement Contracts \u2013 Economist | Economy"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Government should look at blocking leakages in procurement contracts and the management of state resources to accumulate revenue to get the country out of the current economic challenges, Reverend Dr Samuel Worlanyo Mensah, the Executive Director, Centre for Greater Impact Africa, has said.<\/p>\n<p>\u201cIf the government wants to get more revenue, then we should be able to stop the leakages within the system,\u201d Reverend Dr Mensah said.<\/p>\n<p>Dr Mensah, speaking at the Ghana News Agency Industrial News Hub Boardroom Dialogue platform, emphasized, \u201cIf the government is asking the citizens to tighten up their seatbelts to help rescue the country, there should be a corresponding initiative from the state to check all the loopholes in the procurement system to encourage the citizens to voluntarily tighten the belt. <\/p>\n<p>He said, \u201cthe nation can accumulate more money from identifying and blocking the loopholes within the procurement contracts, than relying on the electronic levy to develop the country.\u201d <\/p>\n<p>\u201cThe procurement process has been corrupted and resources for contracts are sometimes issued through the doubtful procedure,\u201d Dr Mensah stated while speaking on the topic: \u201cProbing the procurement of contracts: Blocking the leakages\u201d.<\/p>\n<p>He said: \u201cThe Center for Greater Impact Africa is entreating the government\u00a0to strengthen the legal regime of the country to deal vigorously with people who misapply and mismanage state funds\u201d. <\/p>\n<p>Dr Mensah while commending the government\u2019s pledge to support the pharmaceutical industry expressed concern that since the announcement nothing concrete has been done.\u00a0<\/p>\n<p>\u201cI think it\u2019s a nice strategic agenda for the state and I believe that if we can take all these processes and policies as stated in the budget then it is going to be a nice platform to begin to have a good economy. <\/p>\n<p>\u201cBut if at the end of the day, we leave it or it is only draft work that we have done and implementation becomes a challenge then it is going to be more of a curse than a blessing,\u201d he said.<\/p>\n<p>Dr Mensah urged the government to be proactive in the handling of economic issues, stressing the government must develop pro-poor models as well as ones that would bridge the gap between academia and industries.<\/p>\n<h3><strong\/><\/h3>\n<p><span class=\"peace_black_text_4\">Source: GNA<\/span><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<table width=\"100%\" border=\"0\" cellpadding=\"0\" cellspacing=\"0\" style=\"clear:both\">\n<tr>\n<td><span class=\"peace_red_text_1\">Disclaimer<\/span>: <span class=\"peace_ash_text_1\">Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.<\/span><\/td>\n<\/tr>\n<\/table>\n<p>Featured Video\n<\/p>\n<p><div class=\"youtube-embed\" data-video_id=\"wB2-NHndouE\"><iframe loading=\"lazy\" title=\"Our Fight Against Sim Card Registration Is Unending- Hon. Ras Mubarak Cautions Gov&#039;t\" width=\"696\" height=\"392\" src=\"https:\/\/www.youtube.com\/embed\/wB2-NHndouE?feature=oembed&#038;enablejsapi=1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/div>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Government should look at blocking leakages in procurement contracts and the management of state resources to accumulate revenue to get the country out of the current economic challenges, Reverend Dr Samuel Worlanyo Mensah, the Executive Director, Centre for Greater Impact Africa, has said. \u201cIf the government wants to get more revenue, then we should be [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1065110,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[947,13082,2470,1963,26800,10016],"class_list":["post-1225500","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-block","tag-contracts","tag-economist","tag-economy","tag-leakages","tag-procurement"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1225500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1225500"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1225500\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1225500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1225500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1225500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}