Ghana seeks stronger public finance controls
By the AFREEQUE newsroom, based on MyJoyOnline
Ghanaian Deputy Finance Minister Thomas Nyarko Ampem is calling for stronger internal controls to protect public resources. Financial irregularities reported across five categories of public institutions fell from 20.72 billion cedis in 2024 to 7.69 billion in 2025, a 62.9% decrease, according to MyJoyOnline.
Ghanaian Deputy Finance Minister Thomas Nyarko Ampem has called on public institutions to strengthen internal controls to prevent financial irregularities and protect public funds. He was speaking at the 25th anniversary of the Institute of Internal Auditors Ghana, according to MyJoyOnline.
Thomas Nyarko Ampem urged internal auditors to intervene before financial losses occur, rather than limiting themselves to identifying weaknesses after they emerge. He linked this shift to the investment needed in infrastructure, skills and technology to support the government’s New Economy agenda, according to MyJoyOnline.
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Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
