Warrants to be issued on cash availability: Ngangan

Warrants will now only be issued on the availability of cash in the public purse, according to the Finance Department.

Secretary Dr Ken Ngangan revealed during the launching of the amended Public Finance Management Act (PFMA) that warranting is now done through the budget management committee.

“Previously we just issued warrants based on the budget.

“Now what we are doing, we are issuing warrants in line with cash availability. So that when we issue warrants and cheques are written, there is cash there to clear the cheque,” he said.

Dr Ngangan said this was one of the basic control measures in the PFMA but was never complied with previously.

Under the amended PFMA, stringent guidelines are in place to ensure public servants comply with the regulation.

“Non-compliance will attract penalties,” warned Dr. Ngangan.

Author: 
Cedric Patjole