In a recent address, the Government of Equatorial Guinea called for heightened fiscal discipline and rigorous oversight in the management of public works maintenance contracts. The appeal was made by the Minister of Finance during a press conference where he presented an audit report highlighting irregularities and inefficiencies observed in recent procurement processes. He stressed that the government’s priority is to ensure that taxpayers’ money is utilized responsibly, and that projects deliver value for money without unnecessary cost escalations. The minister outlined a series of corrective measures, including stricter qualification criteria for contractors, mandatory publication of tender documents, and transparent bidding procedures. Additionally, he announced the establishment of an independent monitoring committee tasked with conducting regular inspections and audits of ongoing projects. The committee will have the authority to halt work that fails to meet predefined quality standards and to impose sanctions on parties that violate contractual obligations. The minister also emphasized the need for enhanced record-keeping and financial reporting, urging ministries and agencies to adopt modern accounting systems that facilitate real-time tracking of expenditures. These steps are intended to curb corruption, reduce waste, and restore public confidence in government-led infrastructure initiatives. The administration encourages citizens to remain vigilant and to report any suspected misconduct related to public works, reinforcing its zero‑tolerance stance toward malfeasance.

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