Daniel Muchemwa the Accountant-general has admitted that he has failed to produce governemmnt financial reports. This is a violation of the Public Finance Management Act.
Speaking at a conference organised by the Public Accountants and Auditors Board Muchemwa said:
I have been accountant-general for one and half years and I have never complied with the Public Finance Management Act. There are things that are required of me. Reports by Parliament that I have not submitted on time and on budget and, as accountants, we are all ashamed when we don’t do anything on time and on budget. I am struggling to do things on time and on budget,
Muchemwa said that all districts in the country should have the international financial reporting system they can relate to next year.
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