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The acting Controller and Accountant General has cautioned Ministries, Departments, Agencies and all local assemblies against the non-use of government’s financial management system, the Ghana Integrated Financial Management Information System (GIFMIS).
The computerized system has been introduced by government to facilitate budget preparation and execution, accounting and financial reporting, cash and assets management as well as human resource and payroll management.
But the acting Accountant General, Kwasi Kwaning-Bosompem observed that some MDAs and MMDAs have failed to fully utilize the system in performing their financial transactions.
That situation, he explained, does not augur well for the implementation of the public financial management being pursued by the government.