Financial irregularities fall by 62.9% to GH¢7.69bn in 2025 – Finance Ministry

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Financial irregularities recorded across five key audited sectors of Ghana’s public sector fell by 62.9 per cent in 2025, according to Deputy Finance Minister Thomas Nyarko Ampem.

The total value of financial infractions declined sharply from approximately GH¢20.72 billion in 2024 to GH¢7.69 billion in 2025, representing a reduction of about GH¢13.03 billion.

The performance exceeded the government’s target of reducing public sector financial irregularities by 50 per cent in 2025 by 12.9 percentage points.

Mr Nyarko Ampem disclosed the figures during a high-level consultative engagement on the 2025 Auditor-General’s Reports involving Chief Directors, Chief Executive Officers and heads of covered entities in Accra.

He described the development as a significant indication that reforms aimed at improving public financial management and strengthening accountability were yielding results.

“I am pleased to report that, taken together, financial irregularities across these five sectors declined from approximately GH¢20.72 billion in 2024 to GH¢7.69 billion in 2025,” he said.

“This represents a reduction of approximately GH¢13.03 billion, or 62.9 per cent. This is a significant achievement.”

The Deputy Minister attributed the improvement to deliberate measures introduced to tighten internal controls, close loopholes and improve compliance with financial management procedures across government institutions.

He said the figures demonstrated that sustained attention to public financial management could produce measurable improvements in the handling of state resources.

“This improvement demonstrates that when there is deliberate attention to public financial management, stronger controls and greater accountability, measurable results can be achieved,” he stated.

The stakeholder engagement provided an opportunity to examine recurring weaknesses identified in the Auditor-General’s reports and discuss the responsibilities of heads of public institutions in addressing them.

Mr Nyarko Ampem urged administrative heads to take the recommendations contained in the Auditor-General’s reports seriously by addressing internal control deficiencies and ensuring compliance with financial regulations.

He further called for stronger preventive measures to ensure that the gains recorded in 2025 are sustained and that financial infractions do not recur in future audit cycles.

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