Members of Parliament must be provided with management reports, by the Finance Department, so that public monies are properly reconciled and acquitted for.
This was the call from Yangoru Sausia MP and Trade, Commerce and Trade Industry Minister, Richard Maru.
These reports are to protect the misuse of funds under the Joint District Planning and Budget Planning Committee guidelines.
The financial management reporting system for Papua New Guinea parliamentarians, is weak says Mr Maru.
A quarterly or monthly report from the finance department is vital in the process of monitoring funds, so that MP’s and the district authorities are held accountable.
Yangoru- Sausia District is among those others that have submitted their 2013 Acquittals.
Administrator Fanston Yaninen before presenting the acquittals, to Implementation and Rural Development Departmental Head Paul Sai, highlighted the importance of reconciling bank statements.
Mr Sai in response spoke about the reporting system that must be improved, to strengthen capacity building programs, for accountability, good governance and transparency.
Yangoru Sausia was provided K23 million; K18.7 million was disbursed, 4.3 million kina rolled over into 2014.
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