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The study investigates the implementation of the Integrated Financial Management Information System (GIFMIS) within Ghana’s Ministry of Food and Agriculture, focusing on its effectiveness in financial management. It highlights the benefits and challenges faced, emphasizing the importance of ICT competency and top management support for successful implementation and transparency in operations.
The document presents a comprehensive analysis of the Integrated Financial Management Information System (GIFMIS) implemented in Ghana, particularly within the Ministry of Food and Agriculture. The study aims to assess the benefits and challenges associated with GIFMIS, using the “Planting for Food and Jobs” government flagship program as a case study.
The research employs descriptive and purposeful sampling methods to gather data from 85 companies engaged by the Ministry to supply fertilizers and seeds for the program. It evaluates the effectiveness of GIFMIS in enhancing public financial management, particularly in areas such as accounting, budgeting, stores, and internal audits. The study utilizes multiple regression analysis to determine the success of GIFMIS implementation in these sections.
Key findings indicate that GIFMIS serves as an effective tool in promoting transparency and accountability in financial transactions, especially in the payment processes for suppliers. However, the study also identifies a significant challenge: the lack of ICT competency among users, which hinders the smooth operation of the system. This highlights the necessity for adequate training and support to maximize the benefits of the technology.
Overall, the document underscores the critical role of GIFMIS in modernizing financial management practices in Ghana’s public sector, while also pointing out the need for continuous improvement in ICT skills among personnel to ensure successful implementation and operation of the system.
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