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Covid-19 expenditure audit is still necessary – Prof. Gatsi chases gov’t

John Gatsi

The Dean of University of Cape Coast School of Business, Prof. John Gatsi has joined the former Director-General of Ghana Health Service, Dr. Sodzi-Sodzi Tetteh to call on the government undertake the audit of the Covid-19 expenditure.

Speaking at the 7th IFEJ Flamingo Awards, Prof. Gatsi told Financial and Economic journalists that the Covid-19 expenditure audit is still necessary whiles calling on them to “develop their skills in data presentation and interpretation to ensure accuracy and understanding of what they communicate.”

Prof. John Gatsi also charged the journalists “to broaden the scope of their work to support job needs of all persons including physically challenged persons especially those who lost their jobs as a result of the cessation of road toll collection.”

According to him the budgetary process of every government should always end with an audit when public funds are disbursed to consolidate accountability.

Below are the except of what he said at the ceremony:

Covid-19 expenditure audit is still necessary: Prof. Gatsi and Dr. Sodzi-Sodzi Tetteh told Financial and Economic Journalists at IFEJ Awards

The chairman at the 7th IFEJ Flamingo Awards , Prof. John Gatsi called on Financial and Economic journalists to develop their skills in data presentation and interpretation to ensure accuracy and understanding of what they communicate. Prof. John Gatsi charged Financial and Economic journalists to broaden the scope of their work to support job needs of all persons including physically challenged persons especially those who lost their jobs as a result of the cessation of road toll collection. He said the budgetary process should always end with an audit when public funds are disbursed to consolidate accountability.

Prof. Gatsi supported the call by Dr. Sodzi-Sodzi Tetteh to demand audit of Covid-19 expenditure to give credence to the principles of transparency, disclosure and accountability.

Prof. Gatsi asked Financial and Economic journalists to write about the global call for energy transition and zero carbon policy with the interest of the country in mind as the wholesale approach by the world is likely to undermine natural resource exploration and revenue negatively and truncate development. He further challenged the Ghana Stock exchange to explain how they will be able to manage a credit rating agency without sacrificing quality and fair rating since companies the exchange regulates maybe subject for the rating.

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