From Adia Jildo, in Juba
The Transitional National Legislative Assembly (TNLA) has passed the public accounts, legislations and justice on the Public Procurement and Disposal of Assets Regulations 2024 with all the observations and corrections made in its seconded reading.
The Chairperson of the Committee of Finance in the TNLA, Changkuth Bichiock Reth presented a report on the Public Procurement and Disposal of Assets Regulations 2024 for the members to deliberate! on the regulations and came up with some observations and recommendations to streamline the regulation for the procurement.
The regulations are expected to prevent the malpractices and corruptions in government institutions where the ministry decides how public assets can be procured and disposed.
According to Oliver Mori, the passing of the regulations will reduce cases of corruptions and hold government officials who misuse government resources for personal gain accountable.
“These regulations have tied up the hands of any government institution or commission that it will have to follow. This regulation is followed strictly when they are purchasing or when they are disposing certain assets, being they movable or fixed assets. It will now be done by committees or bodies which have been instituted in these regulations,” said the spokesperson on the Transitional Legislative Assembly Oliver Mori Benjamin.
Mori said all government institutions will have to follow these regulations strictly.
The Ministry of Finance will set up a committee comprising of five members who will be responsible and accountable for the procurement of anything which the government may need.
The Chairperson of the Committee on Finance presented a comprehensive report detailing the findings and recommendations regarding the Public Procurement and Disposal of Assets Regulations 2024.
These regulations are expected to boost mechanisms that will ensure transparency when procuring and disposing off government property while safeguarding public resources from mismanagement and corruption.
These steps are expected to shape how public assets are managed.
