Performance contracts for the year 2020 between the Boards and Management of specified entities on one hand; and the government, represented by the State Interest Governance Authority (SIGA) and the respective sector ministries, on the other hand, were signed in Accra on Wednesday 8 January 2020.

The event is in fulfillment of a statutory provision under the Regulations (196) of the Public Financial Management Act (LI 2378).

In his remarks, Vice-President Dr Mahamudu Bawumia indicated that the government is aligning the performance of state entities with the vision of the Ghana Beyond Aid economic transformation agenda.

“In the past, the operations of the state entities were quite opaque but with SIGA, enhanced transparency and accountability is being introduced,” Dr Bawumia stated.

He reminded the management and board members that their continued stay in their positions will depend on whether they meet the targets set for them in the performance contracts.