Suchergebnisse

Public procurement has become an integral component of Saving Public purse in the whole world wide not exempting Africa and for that matter Ghana. Public procurement compliance is one of the major factors that can lead to major saving in public spending. The major objective of this research work was to appreciate how organizational culture impact on compliance with the Public Procurement Act in the Obuasi Municipality. Largely four objectives were explored to asses and investigate the study in order to draw conclusion. Both Quantitative and qualitative methods were employed to conduct the study. The study made use of 150 participants using a convenient sampling procedure. The study revealed that involvement (β = 0.42, p-value 0.05) was not a significant determinants of public procurement compliance Act whiles controlling for habit, stewardship behaviour and media publicity. The study concludes that organizational is a determinant of procurement Act compliance meanwhile socio-economic variables significantly predicts procurement compliance. The study recommends improvement in cultural practices in public institutions to enhance compliance with the Procurement Act.

Governments in both affluent and developing countries employ procurement strategies to decrease costs, resulting in large cash outflows that have a substantial influence on their economy. However, especially in the public sector, public procurement practices are usually disregarded in terms of their impact on an organization's success. As a result, utilizing Metropolitan, Municipal, and Distract Assemblies (MMDAs) in Ghana's Ashanti Region as case study institutions, it is unavoidable to investigate public sector procurement practices and their impact on organizational performance. The survey study design was used to map out the data collection process. A purposively sampled cohort of 113 people was used to administer the questionnaire. Using the Probit Regression Model, the study claims that procurement practices such as planning, sourcing, and contract management have a substantial positive link with organizational success. Given the interdependence of all dimensions of procurement practices, procurement practitioners are urged to give each factor proportionate attention to improve organizational performance.

Background: One of the fundamental goals of macroeconomic policy in many nations, both developed and developing, is to foster economic development while keeping inflation low. There has been a debate as to whether inflation impacts negatively on economic growth or rather promotes economic growth. The study is motivated by this controversy and used time-series data from 1995 to 2019 in Ghana to examine the relationship between inflation and economic growth, establish the long-run effect and also test whether there exists a causal effect between inflation and economic growth. Method: The review utilized Ordinary Least Square (OLS) regression examination to inspect the impact of inflation on economic growth and while long run co-integration relationship was additionally decide utilizing Fully Modified (FM-OLS) regression analysis. Granger causality was investigated to see if there is a causal impact among inflation and economic growth. Model diagnoses were performed to discover the strength of the discoveries where autocorrelation, multicollinearity, normality test and heteroscedasticity were tested. Results: The review uncovered that, inflation has a negative measurably irrelevant impact on economic growth at 5% basic level. The concentrate likewise uncovered that there was co-integration relationship between inflation and economic growth during the time of viable 1995-2019. There was no causal impact among inflation and economic growth, in this way neither inflation nor economic growth Granger-Causes the other. The study suggest that inflation targeting ought to be the best financial approach measure for economic growth by keeping up with the rate at 8+/-2%.