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Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.
Parliament has passed the Value for Money Office Bill 2026, clearing the way for the creation of a new independent body tasked with strengthening oversight of public spending and procurement.
The legislation, which was introduced in February by Finance Minister Dr. Cassiel Ato Forson, establishes a specialised institution aimed at embedding efficiency, transparency, and accountability across government expenditure.
On the floor of Parliament, Dr. Forson described the Bill as a necessary response to long-standing inefficiencies in the country’s public financial management system.
Source: newsthemegh.com