The government has announced it will present two new bills to Parliament aimed at strengthening governance and anti-corruption frameworks.
According to the 2026 Budget Statement presented by the Finance Minister, Dr. Cassiel Ato Forson, the proposed legislation includes the Value for Money Bill and the Virtual Asset Service Providers Bill.
The Minister made the announcement during the budget presentation, stating, “I will also present the following Bills, Regulations and Memoranda for consideration: The Value for Money Bill; The Virtual Asset Service Providers Bill…”
The introduction of these bills signals the government’s intent to address specific areas of public financial management and the regulation of emerging financial technologies. The Value for Money Bill is expected to establish stricter requirements for ensuring efficiency in public expenditure, while the Virtual Asset Service Providers Bill will create a regulatory framework for cryptocurrencies and digital asset transactions.
The bills will now be submitted to Parliament for debate, consideration, and potential passage into law.
