A former presidential advisor and now MP for the country’s commercial hub gave a quick approval to a $5 million loan agreement in parliament to integrate the country’s financial system.
Hon. Halifa Sallah [PDOIS- Serrekunda] said public resource management is a pillar of the strategic objective to achieve financial discipline in the civil service and ensure accountability.
“This will precisely collect all the relevant agency finance Information and ensure that the financial system of the country is capable of being monitored. This is laudable and needed,” Sallah said.
The regime of ex-President Yahya Jammeh has been accused of mismanaging the state’s finances.
According to Sallah, miscellaneous budgets were abused and the absence of an integrated financial system left resources and budgets allocations unmonitored.
President Adama Barrow has vowed to instill financial discipline in his administration and has so far slashed $23.8 million from the country’s budget, cutting deep from allocations meant for his office and the first family.