Usefulness of Treasury Single Account policy, a Better Tool on Corruption Control and Public Institutions Regimented Administration. Case Study of Ministries Department and Agencies MDAs in Juba South Sudan

Chol Gabriel Majer
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Chol Gabriel Majer: MBA (Generic), PGDBA, University of Juba South Sudan, BBA opt Banking & Finance, Cavendish University Uganda, DIP Banking & Finance Institute of Accountants and Commerce Uganda, Certificate in PPM Uganda Management Institute.

International Journal of Science and Business, 2022, vol. 14, issue 1, 64-79

Abstract: The study's objective was to assess the Treasury Single Account policy's usefulness as a tool for fighting corruption and regulating the management of public organizations. All government funds collected from non-oil and oil revenue are paid into a single account of the Central Government under the accounting system known as the Treasury Single Account in the public sector. TSA is a useful tool for managing public funds so that the government can provide citizens with efficient and effective services. Primary data were gathered from respondents, and using SPSS 16.0 and Excel, frequency analysis was used to do the analysis. A total of forty-five (45) respondents were sampled, with a sample size of 40 respondents, for the study's survey design. The data was analyzed using quantitative and qualitative research approaches such frequency distribution, charts, tables, and percentage response analysis. Excel and SPSS 16.0 were used for the analysis. The Treasury Single Account strategy has been successful in reducing corruption in South Sudan's public institutions, but it has also made management of public sector companies less effective. Therefore, the study advises that in order to overcome the various difficulties found, government must have the political will, tenacity, and sincerity necessary to implement the Treasury Single Account. This will allow the system to work as intended, lowering the cost of governance while revolutionizing our society for the betterment of future generations. Additionally, the Treasury Single Account policy should be completely implemented as a more effective instrument for preventing corruption in government institutions and imposing orderly administration.

Keywords: Treasury Single Account Policy; Corruption; Public Institutions; Efficient; Administration. (search for similar items in EconPapers)
Date: 2022
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