Financial irregularities recorded across five categories of public institutions in Ghana fell by 62.9 per cent, from approximately GH¢20.72 billion in 2024 to GH¢7.69 billion in 2025, Deputy Minister for Finance Thomas Nyarko Ampem has disclosed. The reduction represents a decline of about GH¢13.03 billion and exceeds the government’s target of reducing financial irregularities by 50 per cent in 2025. The figures are contained in the 2025 Auditor-General’s reports covering ministries, departments and agencies; metropolitan, municipal and district assemblies; the District Assemblies Common Fund; public boards and state-owned enterprises; as well as public universities and colleges of education. Nyarko Ampem disclosed the figures at an engagement on the 2025 Auditor-General’s Reports with chief directors, chief executive officers and heads of institutions covered by the audits. I am pleased to report that, taken together, financial irregularities across these five sectors declined ...
The government has extended its GH¢2 per litre reduction in the regulatory margin on diesel into the first pricing window of September, in a move aimed at cushioning consumers from rising fuel prices. The intervention, which was initially introduced as a temporary measure covering two pricing windows, was due to expire at the end of August. However, the government has decided to maintain the reduction for at least one additional pricing window, preventing the full regulatory margin from being restored to the price of diesel. The decision follows concerns over a possible increase in diesel prices at the pumps in the latest pricing window, amid elevated international crude oil prices. Diesel is currently selling at around GH¢17 per litre at most Oil Marketing Companies (OMCs). The extension is expected to provide some relief to motorists, commercial transport operators and businesses that depend heavily on diesel, particularly those facing rising operating and transportation costs....