Audio By Carbonatix
Finance Minister, Dr. Mohammed Amin Adam says there has been a consistent reduction in irregularities reported by the Auditor-General since the year 2020.
Speaking during the Mid-year budget review on Tuesday, July 23, he said that irregularities have decreased by 32 percent between 2022 and 2023.
This reduction, he added, has resulted in savings of approximately 5.2 billion cedis for the country.
"Mr. Speaker, there has been a consistent reduction in irregularities reported by the Auditor-General since 2020," the Minister said.
Dr. Amin Adam attributed this achievement to the effective implementation of policies, guidelines, and Public Financial Management (PFM) measures by the Ministry of Finance.
He emphasised that these efforts have led to about 99.26% of all irregularities identified in 2023 by the Auditor-General being recoverable.
The Minister added that the Finance Ministry is collaborating with the Internal Audit Agency, Internal Audit Units, and Audit Committees to ensure the recovery of these amounts.
Latest Stories
-
I have supported highway authority financially to fix roads in my constituency – A Plus
33 minutes -
US, Iran fail to reach peace agreement after marathon talks in Pakistan
57 minutes -
ECG kicks off Phase Two of transformer upgrades at Lashibi; brief outages expected
2 hours -
Port crises loom as 11,000 drivers threaten four-day strike
2 hours -
A source of excellence across generations – Vice President Opoku-Agyemang lauds Mfantsipim
3 hours -
(Photos) Mfantsipim School launches historic 150th anniversary
4 hours -
Knights and Ladies of Marshall group backs Catholic Bishops’ stance on anti-LGBTQ+
5 hours -
Bright Simons writes: All the Filla in the Ibrahim Mahama/E&P – Gold Fields Saga
5 hours -
Monetise Idiocy In Ghana
5 hours -
The Ghanaian prophet and the mysterious death of his scottish wife Charmain Speirs
6 hours -
Nearly 400 sentenced in Nigeria for links to militant Islamists
6 hours -
Ghana’s recovery supported by gold strength despite global oil price pressures – Standard Bank Research
6 hours -
Methodist Church hails Mfantsipim@150; calls for “fresh consecration” to excellence
7 hours -
‘Excellence is our inheritance’ – Nana Sam Brew-Butler hails Mfantsipim’s 150-year reign in leadership
7 hours -
Kwaku Azar writes: A-G vs OSP
7 hours