PPA saves GH¢2.7 billion in 31 months

The Public Procurement Authority has saved the country GH¢2.7 billion over the past 31 months. The Minister for Finance, Ken Ofori-Atta disclosed this during the presentation of the 2019 Mid-Year budget review of the government in Parliament on Monday 29th July, 2019

He said the savings were made between January 2017 and July 2019 from sole-sourced and restrictive tendering contracts.

“In a space of 31 months, by reviewing contracts that were either sole-sourced or procured through restrictive tendering, the Public Procurement Authority has made savings of $2.75 billion, which breaks down to $800 million in 2017, 1.1 billion in 2018 and 1.085 billion in 2019,” the minister said.

The Minister of Finance, Ken Ofori Atta on Monday July 29 presented the 2019 mid-year budget statement to Parliament.

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