Free Advertising on Web Ghana

Economics

Politics

Health

Social

Human Interest

Sports

Science

Education

Features
EXCHANGE RATES

EUR SEL 2.1480 BUY 2.1032 USD SEL 1.5689 BUY 1.5358 GBP SEL 2.4719 BUY 2.4193 CFA SEL 311.8900 BUY 305.3800 YEN SEL 0.0204 BUY 0.0200

Greater Accra Regional Minister launches Composite Budget hearing

2nd November 2011 0

Accra, Nov. 2, GNA Nii Armah Ashietey, Greater Accra Regional Minister, on Tuesday stated that there was the urgent need to join hands to accelerate the decentralizing process in the country to bring development to the door steps of the people. He said it was important to decentralize all functions that could be more efficiently performed by district assemblies, saying it was appropriate to work together to strengthen the district assemblies as pivots for local development. Nii Ashietey said this at the launch of the maiden Greater Accra 2012 Composite Budget hearing in Accra. He said the hearing would provide the platform for all ten districts in the region for the first time to present their budgets to stakeholders. Nii Ashietey noted that the presentation would cover programmes and projects undertaken since 2009 and proposed programmes and projects for the medium term based on the Ghana Shared Growth and Development Agenda 2010 to 2013 policy priorities. He noted that the preparation of a comprehensive and realistic budget was the basic requirement for sound local government public financial management and local service delivery. A comprehensive budget in the bed rock on which other reforms in reporting, accounting and auditing can be achieved to ensure that resources are utilized in an efficient, effective, transparent and accountable manner which will lead to efficient service delivery at the local level, he added He said the composite budget was to inculcate integrated sound financial discipline and management at the local level of government, adding it was a process of instituting an effective and transparent public financial management system at the sub-national level to facilitate efficient service delivery. Nii Ashietey indicated that the composite budget would also ensure that information on the total resource envelop of each Metropolitan Municipal District Assemblies was made available and the resources of the various funding sources and sectors were properly integrated and coordinated so as to reduce duplication in the use of resources and efforts in service delivery. It would also allow for the opening of MMDA budgets all over the country to establish an effective integrated budgeting system which supports intended goals, expectations and performance of government.

The MMDA budget would also deepen uniform means of planning, budgeting, financial reporting and auditing in a more comprehensive manner, which covers every aspect and activities of the MMDAs, as well as facilitate harmonized development and introduce an element of fiscal prudence in the management of public funds at the MMDA level, he added. Nii Ashietey challenged private investors to invest in the local economy since there were more opportunities available there, and thanked development partners who had been supportive and especially those that had contributed to the development of the local economy. GNA

Newsmakers

The media must ensure self-regulation to enhance standards Kufuor

Old soldiers plead with government for contracts

Spate of child prostitution in Takoradi worrying- Ms Otabil

Features

Decor, a growing SME in Ghana

No right to be sick

A GNA Feature by Lawrence Quartey: Coconut - The Cynosure of Ghana's 2011 World Food Day Celebrations

Deformed children are being killed in Ghana

The rLG story: an indigenous example worth emulating

2010 All rights reserved.

Parliament

News Archive

About GNA

Contact Us

Advertising

Disclaimer

Home

Ghana: "Composite Budget is Best for Effective Management of Economy"

William N. Jalulah 9 November 2009

Share:

Email| Print| Comment(1)

Bolgatanga A RETIRED Educationist, Mr. Robert Ajene says unless a composite budget is implemented to do away with the conventional processes that decentralized government departments and agencies go through before their budgets are approved, Ghana's economy would never flourish. He observed that decentralization without management would stifle the growth of the economy. Mr. Ajene, who made the observation on Thursday at the Upper East Regional Consultation Forum on Ghana's decentralization in Bolgatanga, said a lot has been said about decentralization in the country since its inception some 20 years ago, but much has not been done to deal with its bottlenecks. According to him, it was not necessary for heads of District and Municipal assemblies, education, agriculture and other government agencies to continue to trace their budgets to central government, where the processes are so cumbersome. The decentralization and the assembly system of local governance were meant to remove all the bottlenecks that impede development at the grassroots levels. Mr. Ajene, therefore, appealed to the Minister of Local Government, Mr. Joseph Yiele Chiereh, who was at the forum to ensure that a composite budget was put in place so as to encourage prudent spending. In a quick response, the sector Minister stated that government's commitment was to ensure that common fund for the assemblies are transferred to them without the involvement of Members of Parliament, and he was working at ensuring that a composite budget was implemented. He welcomed a suggestion by one of the participants at the forum that District Chief Executives should be selected from among the assembly members from the assemblies, and said it would help address human resource issues at the assemblies, and the level of participation of people at the assembly level.

Relevant Links

West Africa Ghana Business

He said if the possibility of getting DCEs from the assemblies was considered, many more people would want to become assembly members. This, he hoped would bring out the quality of people from the assemblies to propel their developments.

Mr. Yiele Chireh said a committee has finished its work on LI 1931 and would soon be laid in parliament so that all civil servants working with the coordinating councils and the assemblies would be made to properly belong to the local government service, so that they would eventually be controlled by the assemblies. The Minister congratulated the participants for their mature presentations and suggestions, and gave the assurance that their inputs would be considered in the planning of the local governance structure.

Copyright 2009 Ghanaian Chronicle. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections or for permission to republish or make other authorized use of this material, click here. AllAfrica aggregates and indexes content from over 125 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. AllAfrica - All the Time Read comments. Write your own.

TODAY'S FEATURED NEWS

Peaceful Liberia Voting Follows Violent Clashes

Ugandan Inspectorate Under Fire for Freeing Bukenya

Nigeria Dismisses U.S. Warning about Hotel Attacks

BUSINESS/TECHNOLOGY NEWS

South Africa's Oppenheimers Bow Out of Diamonds

Nigeria Leads Africa in Fund Outflows

High Coffee, Tea Prices Boost Kenyan Exporters' Earnings

More News on allAfrica.com

Don't Ignore the Elderly, Agrad Tells Govt Government at all levels have been urged to UNICEF, Partners Strive to Prevent Deaths in Somalia put ... Since famine was declared in parts of ...

Enumerators Demand Their Money With the festive season near, enumerators in the ...

Six Killed in North Darfur Attack Six people were killed and five injured in Hashaba area ...

FG to Develop Mining Industry 2012 Budget - BPP Raises Alarm Over The Chairman, Senate Committee on Solid Implementation Minerals, Senator ... Director General of Bureau of Public ...

Author: upliftdarace_144 Mon Nov 9 13:35:33 2009

Dear Readers , There is a climate in America and the financial world that secretly has been "cooking the books" while they rob us. For example most financial information that is reported only focuses on "The Budget ". A Budget is the amount of money we would need to run our household on a specific time schedule (e.g. weekly budget, monthly budget, yearly budget ). When they tell us they have a "Budget Deficit ", they are actually saying they don't have enough money for the specific period the Budget is [Read Full Text]
Read our contribution guidelines Report inappropriate comments Reply

Top | Mobile | Who We Are | Advertising | Search My Account | Make us your home page | RSS | Contact | Privacy

Sign up for FREE daily 'top headlines' by email

Site FranaisSite GuideWho We AreContent ProvidersAdvertisingMy AccountMyAfricaBiztechMobile HOME

Relevant Links

West Africa Ghana Economy, Business and Finance

Home

News

Composite Budget

Secretary of the National Association of Local Authorities of Ghana (NALAG), Alhaji ammed-Sheriff has welcomed governments decision to present the first composite ovember this year. nt John Mahama announced governments decision to present a composite budget in o deepen the countrys decentralization process. ing to the Vice President will be in line with the broad fiscal policy drawn for 2012. g on the issue, Alhaji Sheriff described the composite budget as the best financial a would ever adopt as the best means of deepening the decentralization process. d that the composite budget will incorporate all the departmental budgets within a ssembly into one kitty. mistic that the system will reduce both the cost and the risk involved in travelling to onies allocated for the various District Assemblies. f added that it will also bring about the effective utilization of funds and as well ent financial management at the various Metropolitan, Municipal and District

Login with Facebook

World News

Gadgets powered by Google

Quotes - quotes4all.net

Gadgets powered by Google

Naatogmah

2008