• Latest
  • Trending
No audit, no payment: Finance Minister takes tough stance on GH¢67bn debt

No audit, no payment: Finance Minister takes tough stance on GH¢67bn debt

April 8, 2025
Hajia4Real to be released prison on May 22

Hajia4Real to be released prison on May 22

May 21, 2025
Dr. Bawumia has no right to lecture us on the cedi - Kwesi Pratt fumes

Dr. Bawumia has no right to lecture us on the cedi – Kwesi Pratt fumes

May 21, 2025
Trader faces charges over GH¢242,500 cooking Oil scam

Trader faces charges over GH¢242,500 cooking Oil scam

May 21, 2025
Korle Klottey Municipal Assembly targets 95% road upgrade, IGF boost in 4-year plan

Korle Klottey Municipal Assembly targets 95% road upgrade, IGF boost in 4-year plan

May 21, 2025
Govt requires $562 billion for full energy transition by 2070- Energy Ministry

Govt requires $562 billion for full energy transition by 2070- Energy Ministry

May 21, 2025
Ghana to host three-day ICC Level One Umpires Tutors’ course

Ghana to host three-day ICC Level One Umpires Tutors’ course

May 21, 2025
We anticipate generating over GHC 175 million by 2029 – Korle Klottey MCE

We anticipate generating over GHC 175 million by 2029 – Korle Klottey MCE

May 21, 2025
Korle Klottey MCE emphasizes inclusive digital transformation in 2026–2029 development plan

Korle Klottey MCE emphasizes inclusive digital transformation in 2026–2029 development plan

May 21, 2025
Sammy Gyamfi applauds Mahama for cedi appreciation

Sammy Gyamfi applauds Mahama for cedi appreciation

May 21, 2025
Cedi has sharply appreciated by 19%-Bank of Ghana

Cedi has sharply appreciated by 19%-Bank of Ghana

May 21, 2025
CJ Torkornoo’s Suspension: Supreme Court dismisses CenCES Case in a 4-1 decision

CJ Torkornoo’s Suspension: Supreme Court dismisses CenCES Case in a 4-1 decision

May 21, 2025
We’re revamping, not selling our hotels - SSNIT Director General clarifies

We’re revamping, not selling our hotels – SSNIT Director General clarifies

May 21, 2025
Happy Ghana
Advertisement
No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
No Result
View All Result
Happy Ghana
No Result
View All Result
Home News

No audit, no payment: Finance Minister takes tough stance on GH¢67bn debt

in News, Top Story
No audit, no payment: Finance Minister takes tough stance on GH¢67bn debt

No audit, no payment: Finance Minister takes tough stance on GH¢67bn debt

Share on FacebookShare on TwitterShare on Whatsapp

Finance Minister, Dr. Cassiel Ato Forson has reinforced government’s commitment to transparency and accountability in the handling of arrears owed by government.

He announced that no payments will be made on the over GH¢67 billion debt across 23 ministries until a comprehensive audit is completed.

During a high-level meeting with Chief Directors and senior officials from various Ministries, Departments, and Agencies (MDAs), the Minister instructed all heads of ministries to work in full cooperation with the Auditor-General and provide the necessary documentation to support a thorough verification process.

In a Facebook post on Tuesday, April 8, he emphasized that the Auditor-General has been given ample time to conduct the audit and has been tasked with verifying which claims have valid commencement warrantsn.

“Currently, we are dealing with over GH¢67 billion in arrears across the 23 ministries. As I pledged to Parliament, no payment will be made until a full audit is completed. To this end, I directed all Chief Directors to work with the Auditor-General, ensuring he has everything he needs to carry out a comprehensive audit,” he wrote.

According to Dr. Forson, no disbursement will be made without the Auditor-General’s affirmative endorsement, and not a single contractor has been paid.

He made it clear that he does not intend to authorize any payment until the audit process is concluded.

Dr. Forson noted that ensuring integrity in the management of public funds starts with clarity, diligent auditing, and responsible financial decisions—principles he says the government remains committed to upholding in the interest of all Ghanaians.

 

READ FULL STATEMENT BELOW

Still, at the meeting with the Chief Directors, I made it clear that we must uphold transparency and accountability in the handling of arrears owed by the government.

Currently, we are dealing with over GH¢67 billion in arrears across the 23 ministries.

As I pledged to Parliament, no payment will be made until a full audit is completed.

To this end, I directed all Chief Directors to work with the Auditor-General, ensuring he has everything he needs to carry out a comprehensive audit.

The Auditor-General has been given enough time to complete this process. During this time, I ask for full cooperation and complete disclosure. Nothing must be withheld.

Not a single pesewa will be paid without the Auditor-General’s affirmative endorsement.

The Auditor-General has also been tasked with verifying which of the claims have valid commencement warrants. This is critical.

I must also reiterate: I have not paid a single contractor, and I do not intend to do so until the audit is concluded.

We owe it to the people of Ghana to manage public funds with the highest level of integrity and discipline.

And that begins with clarity, audits, and responsible decision-making.

Tags: Dr. Cassiel Ato ForsonGH¢67bn

Subscribe to receive notification everytime a new post is published. We promise to be discrete.

Unsubscribe
Previous Post

NPP’s Jennifer Queen calls for national push towards local food consumption

Next Post

Finance Ministry bans government contracts without prior approval

Next Post
Finance Ministry bans government contracts without prior approval

Finance Ministry bans government contracts without prior approval

Search

No Result
View All Result

Listen Live

BBC Match of the Day Africa

Happy Ghana

Recent News

  • Hajia4Real to be released prison on May 22
  • Dr. Bawumia has no right to lecture us on the cedi – Kwesi Pratt fumes
  • Trader faces charges over GH¢242,500 cooking Oil scam
  • About
  • advertise
  • Privacy Policy
  • Contact Us

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.

No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.