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Financial irregularities in public institutions fall 62.9% to GH¢7.69bn

 Financial irregularities

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 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.”

Exceeds government target

According to the Deputy Finance Minister, the 62.9 per cent reduction exceeded the government’s 50 per cent target by 12.9 percentage points.

He attributed the improvement to increased attention to public financial management, stronger internal controls and greater accountability across public institutions.

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 engagement focused on findings contained in the Auditor-General’s reports and the responsibility of heads of public institutions to address weaknesses identified during audits.

Nyarko Ampem urged heads of covered entities to strengthen compliance and internal controls to prevent the recurrence of financial irregularities.

The government’s focus on reducing financial irregularities forms part of broader efforts to improve public financial management, safeguard public resources and enhance accountability in the use of taxpayers’ money.

While welcoming the significant decline recorded in 2025, the engagement underscored the need for public institutions to sustain the gains and ensure that identified audit weaknesses are promptly addressed.

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