Please use this identifier to cite or link to this item: http://hdl.handle.net/10739/1528
Title: Guyana: Taxpayers Pay Almost $1 Billion to financial waste and abuse at the ministry of public infrastructure over two years
Authors: Singh, Dhanraj
Mohan, Deepanshu
Agarwal, Aryan
Keywords: Fiscal management-Gunaya
Mismanagement of public resources
Issue Date: 2018
Publisher: Gunaya: Guyana Budget & Policy Institute
Citation: Singh,Dhanraj, Mohan,Deepanshu and Agarwal, Aryan (2018). Guyana: Taxpayers Pay Almost $1 Billion to financial waste and abuse at the ministry of public infrastructure over two years (Policy report). Guyana’s Budget & Policy Institute.
Abstract: The Auditor General flagged almost $1 billion in the Ministry of Public Infrastructure expenditures for financial mismanagement, waste, abuse, and non-compliance with the country’s fiscal management and accountability laws and standards during Fiscal Years 2015 and 2016. Almost $683 million represented “financial waste” and almost $243 million was “abuse,” and other forms of mismanagement. The Auditor General’s reports also identified serious concerns with widespread inefficiency and poor management of the Ministry. Lawmakers must amend or enact legislation, to end such waste, abuse, and mismanagement of public resources. These resources must deliver maximum public benefits to citizens and promote economic growth.
URI: http://gbpi.institute/2018/03/17/guyana-taxpayers-lost-almost-1-billion-to-financial-waste-and-abuse-at-the-ministry-of-public-infrastructure-over-two-years/
http://hdl.handle.net/10739/1528
Appears in Collections:JGU Research Publications

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