The 2016 Public Financial Management Bill has been approbated by parliament. It has been designed to address persistent weaknesses and promote discipline, transparency and accountability in the public funds management.

In favour of the Bill, the house was fiiled with clamorous aye when speaker Edward Doe Adjaho finally put the question to end the debate and discussion on the Wednesday Bill.

Speaker of parliament, Doe Adjaho
Speaker of parliament, Doe Adjaho

Both sides acclaimed the content of the Bill which is expected to handle the wide disparities regarding proper use of State's funds by public officials.

Public finances, monetary promotion discipline and unified existing laws are strengthened in the wake of the Bill.

It also will help regulate the fiscal framework and the financial management of the public sector within the macroeconomic.

BY: KANDEY .H. ALHASSAN