By Christopher Arko, GNA
Accra, Sept 9
GNA - Vice President Mahamudu Bawumia on Monday called on Parliament to use
its oversight role to ensure that Executive works with a national budget that
will reflect the aspirations of the people.
budget must transform the lives of the people through legislation, budget and
fiscal oversight, the Vice President said.
whose statement was read by Dr Anthony Akoto Osei, Minister for Monitoring and
Evaluation was speaking at the opening of the 4th African Network of Parliamentary Budget Officers (AN-PBO) Conference in
conference slated for 9th – 12th September, 2019
is on theme: “The role of African Parliaments in fiscal oversight: Contributing
to the African Union 2063 Development Agenda”.
which is being attended by participants from Uganda, South Africa, Kenya,
Zambia, Mozambique, Tanzania, Zimbabwe, Malawi, Canada and Cambodia is expected
to enhance the capacity of Parliamentary Budget Officers.
Dr Bawumia said
Parliament can use the public financial management systems to reduce the fiscal
risk that threaten the economic growth of the nation.
him, the effective exercise of the mandate however required high quality
research and analysis to focus on both short and long term budget outcomes
necessary to establish stronger policy, legal and institutional framework.
He said the
resource allocations were in a contested domain and they required that the
relevant technocrat or institution provide the requisite support.
Dr Bawumia also
stated that establishment of the Parliamentary Budget Offices (PBOs) across the
continent arguably represented the most significant institutional initiative to
enhance the African Continent Fiscal Responsivity Framework to add to the
democratic process in their various countries.
He said it was
important for parliamentarians whether in opposition or not to be well informed
about government policy choices they were to make all the time.
He said PBOs is
one of the growing numbers of independent fiscal institutions being established
around the world.