- 5 Marks
PSAF – May 2020 – L1 – Q5b – The context of public financial management
State and explain the areas where Parliament is expected to provide oversight responsibilities under the Public Financial Management Act 2016 (Act 921).
Question
Parliament of the Republic of Ghana performs several functions such as the enactment of laws, securitization of law, approval of the national budget, among others. However, in reference to section 11(1) of the Public Financial Management Act 2016 (Act 921), Parliament shall also provide oversight responsibilities in several areas. In achieving this, the Speaker of Parliament may assign responsibilities under this to a committee of Parliament or an Office established by Parliament.
Required:
State and explain FIVE (5) areas you expect Parliament of the 4th Republic to provide these oversight responsibilities.
(5 marks)
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