Ghana’s audit of government arrears and payables has validated GH¢45.4 billion of liabilities while rejecting GH¢8.1 billion in claims due to irregularities including unsupported documentation, duplication and falsified records, the Finance Ministry told Parliament.
The verification exercise, conducted by the Ghana Audit Service with support from EY and PwC, reviewed GH¢68.7 billion submitted to the Ministry of Finance as outstanding Interim Payment Certificates (IPCs), invoices and Bank Transfer Advices (BTAs) owed to contractors and suppliers as of end-2024.
According to the report presented to Parliament on behalf of Finance Minister Dr. Cassiel Ato Forson, GH¢45.4 billion of the claims were validated for payment, while GH¢8.1 billion were rejected after the audit identified issues including already-paid items, overstated claims, recycled invoices and documentation gaps. A further GH¢13.3 billion remains under review pending additional verification.
The audit covered GH¢50.5 billion in IPCs and invoices and GH¢18.3 billion in BTAs. Of the BTAs reviewed, GH¢16.2 billion were validated and about GH¢1 billion rejected. Another GH¢7.1 billion in IPCs and invoices were also disallowed after auditors determined they lacked supporting evidence or involved duplicate or inflated claims.
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