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
-
Suspect in custody after student killed in Kentucky university shooting
2 hours -
Fifa accused of breaching own rules with Trump award
3 hours -
Big result for Slot and Liverpool with no Salah in Milan
3 hours -
The Inconvenient Truth: Deliverism not the Barracks must hold Africa together
3 hours -
We’ll work with what we have to please our customers – ECG assures after tariff cutback
3 hours -
Lithuania declares emergency situation over Belarus balloons
4 hours -
Trump criticises ‘decaying’ European countries and ‘weak’ leaders
4 hours -
Afroquality announces ‘Becoming Us’ – a first-of-its-kind PanAfrican micro series redefining how brands tell African stories
5 hours -
Government’s reduction of Lithium Royalty Rate from 10% to 5% raises serious concerns – APL
5 hours -
“Africa cannot afford to be a bystander” – Mahama
5 hours -
Halt ratification of revised lithium agreement between Ghana and Barari
6 hours -
Gov’t will continue to prioritise quality healthcare at all levels – Vice President
6 hours -
Why the NDC’s reduced Lithium Royalty Rate proposal is “Strange and Legally Baseless” – Africa Policy Lens
6 hours -
Your non-involvement enabled us to speedily approve our estimates – Ayariga trolls angry Minority
6 hours -
Christian Council commends government’s Sanitation Week initiative ahead of Christmas
6 hours
