The Minister in charge of Public Procurement, Hon. Sarah Adwoa Sarfo has revealed that in the year 2017 alone, the Ministry saved Ghana a whopping Eight Hundred Million Ghana Cedis (GH¢ 800,000,000.00) through the strict application of the procurement law in the use of single source and restrictive tendering as a method of procurement.

According to the Ministry, the gains were made across the various sectors of the economy.

The Minister who’s also the Member of Parliament for Dome Kwabenya made the disclosure during the launch of the Ministry’s Website in Accra.

She noted that the website which has the address www.mopp.gov.gh is intended to create the platform for sharing information on all government procurement policies, strategies, programmes and projects.

The website is the official website of the Office of the Minister in charge of Public Procurement and it shall be the official source where most of the information about the office and the procurement activities, programmes, policies and strategies of government on public procurement.

Hon. Adwoa Sarfo who’s also the Deputy Majority Leader in Parliament further stated that in Ghana Public Procurement constitutes about 65% of our budgetary allocations, and it’s for this reason that the President acknowledged the relevance and role Public Procurement plays in building a strong economy and attaining our goals of “GHANA BEYOND AID”

“The President believes that Ghana has the abundance of resources to fully fund our budget without having to rely on foreign aid. Our target is to help Ghana achieve openness, fairness, integrity and value for money that will enable us achieve value for money in all our public procurement.

“I believe that with coordinated efforts we can make tremendous savings for the state which can be equally be channeled to other sectors of the economy.”