- 20 Marks
FM – L2 – Q3.1- Public expenditure and financial accountability framework
Discuss views on ineffective PFM laws in Ghana and justify need for reforms.
Question
A leader of a prominent Accountability Civil Society Organisation remarked, “Laws don’t work in Ghana. We have all the laws in public financial management but they do not have any effect, so I don’t see the need to waste more resources on reforming our public financial management enactments.”
Required:
(a) Discuss the views expressed in the quote above and explain why reforms of public financial management laws are necessary.
(b) Explain the limitations of public financial management laws in Ghana.
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