It has been suggested that more than a billion birr worth of assets have been accumulated
???? It is stated that there is a problem with the procurement system of the Ministry and higher education institutions
The Public Procurement and Property Management Agency said more than one billion birr worth of assets are being stored. The Ministry of Finance pointed out that there is a problem with the procurement system in the Ministry and higher education institutions.
Haji Ibsa, Director General of the Public Procurement and Property Management Agency, said at a forum organized under the theme "Effective Public Procurement and Property Management System for National Prosperity". From March 4 to 8, a public property registration will be conducted in the form of a campaign. It is estimated that the assets will cost more than one billion birr.
Extensive work is being done on pre-registration, he said. He noted that there were concerns that officials might lose interest in the post-election campaign.
As a country, many institutions are not doing their job properly due to lack of budget. On the other hand, he said, one billion birr worth of property has been lost due to the rains and the sun. He said this is a public resource and it is important to mobilize it for development.