Audio By Carbonatix
The Defence Ministry is grappling with a significant debt crisis, as food suppliers threaten to withdraw their services over outstanding payments.
The government owes these suppliers GH¢275 million, an amount accumulated over 17 months, raising concerns about the sustenance of the Ghana Armed Forces.
Beyond food supplies, the Ministry's total liabilities have surged to GH¢3.7 billion, covering various financial obligations, including the supply and repair of equipment, as well as the procurement of essential machinery.
The scale of the debt has prompted urgent discussions on how to stabilise the Ministry’s financial standing.
Addressing Parliament on Friday, 21st March 2025, Defence Minister Dr Edward Omane Boamah revealed that the Finance Ministry is actively working to clear the arrears.
He acknowledged the gravity of the situation, stressing the need for immediate intervention to prevent disruptions within the Ghana Armed Forces.
“It must be placed on record that the outstanding indebtedness in terms of claims is almost GH¢3.7 billion, and this includes debt owed to food suppliers, costs related to equipment supply and repair, and the provision of machinery,” Dr Boamah stated.
He further highlighted the food suppliers' warning, emphasising, “Mr Speaker, we all know soldiers should not and must not march on empty stomachs.
However, food suppliers have threatened to halt supplies due to the government’s indebtedness, which dates back to August 2023.”
Despite these financial challenges, Dr Boamah assured Parliament that efforts are underway to resolve the crisis.
He expressed confidence in the Finance Minister’s commitment to keeping up with current financial obligations while implementing measures to gradually settle the substantial arrears.
Latest Stories
-
Knights and Ladies of Marshall group backs Catholic Bishops’ stance on anti-LGBTQ+
13 minutes -
Bright Simons writes: All the Filla in the Ibrahim Mahama/E&P – Gold Fields Saga
37 minutes -
Monetise Idiocy In Ghana
44 minutes -
The Ghanaian prophet and the mysterious death of his scottish wife Charmain Speirs
1 hour -
Nearly 400 sentenced in Nigeria for links to militant Islamists
2 hours -
Ghana’s recovery supported by gold strength despite global oil price pressures – Standard Bank Research
2 hours -
‘Excellence is our inheritance’ – Nana Sam Brew-Butler hails Mfantsipim’s 150-year reign in leadership
2 hours -
Kwaku Azar writes: A-G vs OSP
3 hours -
Mfantsipim–Adisadel rivalry built excellence, not division – Sam Jonah
3 hours -
Vice President launches Mfantsipim’s 150 years of shaping Ghana’s greatest mind
3 hours -
I assure Otumfuo, Mahama will join him to commission KNUST Teaching Hospital by end of this year – Haruna Iddrisu
4 hours -
Barcelona dominate derby to extend La Liga lead
4 hours -
Gov’t to roll out free special education for persons with disabilities from July 1 – Education Minister
4 hours -
Importers and Exporters Association declares full support for Publican AI port system
5 hours -
“We used it to test our officiating officials’ readiness” – Bawah Fuseini after CAA Athletics event
5 hours