We are impressed with PAC’s oversight work – World Bank

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A survey team from the World Bank, has indicated that the World Bank is impressed with the oversight responsibility of the Public Accounts Committee of Parliament (PAC) in protecting the public purse.

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According to the leader of the delegation, Mr. Donald N. Mdaande, the International financial institution is impressed with the committee’s work of probing and asking critical questions on institutional expenditure and other related public transactions from the Auditor-General’s report.

Mr. Mdaande noted that the delegation is in the country to engage Parliament, to find out how the support given by the Bank had been used in public sector financial accountability.

In making his statement, Mr. Mbaande indicated that the survey team will engage the Minister of Finance, Mr. Ken Ofori-Atta and other various stakeholders to update the Public Management Financial Reforms and Strategies (PMFRS).

Mr. Mdaande further revealed that the World Bank is hoping to support the nation in protecting the public purse and achieving major policies by the government especially, the agenda of ‘Ghana beyond aid’.

This came to light when a team from the World Bank, who are in the country to conduct a survey on the status of donor supports given to the government of Ghana and Parliament for oversight responsibility, paid a courtesy call to the Speaker of Parliament, Prof. Mike Oquaye.

In reacting to Mr. Mbaande’s statement, the Speaker of Parliament, Prof. Mike Oquaye, pointed out that the World Bank had collaborated in the democratisation of countries in the sub-Saharan African, especially, in 1988, when the ‘wind of change’ blew towards Africa.

Source: GhanaJustice/S.Ayisi

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