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02.05.2019 Business & Finance

e-procurement Will Save Gov't $100m Annually – World Bank

By Staff Writer
Country Director of the World Bank, Henry Kerali
Country Director of the World Bank, Henry Kerali

Mrs. Ursula Owusu-Ekuful, the Minister of Communications said the e-Procurement system would ensure transparency and reduce corruption in the country.

“Online government procurement increases transparency and hold government more accountable in spending the taxpayers’ money in addition to the reduction of potential fraud and corruption,” she emphasised.

The Minister said the electronic platform would provide prospective suppliers with full information concerning government contracts and vis-à-vis government institutions would receive adequate information about potential suppliers or contractors.

She was said the platform would play a critical role in reducing prices of contracts and government expenditure.

“We will like to see the Electronic Government Project contributing to achieving major efficiency in the reduction of prices by at least 10 to 20 per cent due to increase competitiveness, reduction in transaction cost by about 50 per cent and a reduction of about 20 to 30 per cent of public expenditures,” the Minister said.

Mrs Owusu-Ekuful said her Ministry was working with the Ministries, Departments and Agencies to champion the digitisation agenda in order to catch up with the world, adding that her outfit was working with the Ghana Immigration Service to roll-out an e-immigration system for border control, visa on arrival and other immigration services.

She added that Parliament would soon launch e-parliament system and, thus, reiterated the Ministry’s commitment towards the Public Procurement Authority to migrate all agencies onto the system.