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PAC Chair Demands Urgent Probe into GH¢138.91 Billion Public Debt Overstatement

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Chairperson of Parliament’s Public Accounts Committee (PAC), Abena Osei-Asare, has described the GH¢138.91 billion overstatement in Ghana’s 2024 public debt as revealed by the Auditor-General as a serious error that demands immediate investigation.

 

According to the 2024 Audit Report, while the Controller and Accountant-General (CAG) reported Ghana’s total public debt as GH¢876.01 billion, the Ministry of Finance recorded a significantly lower figure of GH¢737.17 billion. This discrepancy exposes an overstatement of GH¢138.91 billion in the Whole of Government Accounts (WGA) submitted by the CAG.

 

In a Facebook post, Ms. Osei-Asare, who also serves as the Member of Parliament for Atiwa East, stressed that such a substantial misstatement is more than just a clerical error. She said it highlights troubling gaps in internal controls, data consistency, and coordination among key financial management institutions.

 

“This is no ordinary mistake,” she stated. “The responsibility for preparing the Government of Ghana’s accounts lies solely with the Controller and Accountant-General. A misstatement of this magnitude raises important questions about internal controls, data harmonisation, and institutional coordination within our public financial management framework.”

 

Citing the Auditor-General’s own recommendations, she emphasized the need for urgent reforms and improved collaboration between the Controller and Accountant-General’s Department, the Ministry of Finance, and other relevant bodies to enhance the accuracy and integrity of national financial reporting.

 

Ms. Osei-Asare assured that the PAC will launch a thorough probe into the matter, engaging all institutions involved to uncover the root cause of the discrepancy and ensure full implementation of the Auditor-General’s proposed measures.

 

“This is about protecting the integrity of our public financial systems and rebuilding public trust. We must demand precision — not approximation — in our national accounts,” she stated, reaffirming the Committee’s commitment to accountability, transparency, and value for money in the use of public funds.

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Mahama Inspects Jinijini–Sampa Road, Pledges Completion by 2027

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BEREKUM WEST DISTRICT — President John Dramani Mahama has toured the site of the 80-kilometre Jinijini–Sampa Road project in the Berekum West District, using the visit to reassure residents that the long-delayed highway will be fully asphalted by the end of 2027.

The inspection was part of Mahama’s ongoing “Resetting Ghana Tour,” a nationwide initiative through which the president has been making direct appearances in communities to monitor infrastructure projects and take stock of citizen concerns.

Flanked by traditional rulers, including chiefs and queen mothers, as well as community leaders and local residents, the president walked the project site and listened to firsthand accounts of how the road’s deteriorating condition has affected daily life and commerce in the area. He thanked residents for their reception and used the occasion to restate his administration’s commitment to transparency and accountability.

Mahama struck an optimistic note on the economy, pointing to what he described as early signs of stabilisation among them a decline in inflation and a strengthening of the cedi against major foreign currencies. He argued that restoring investor confidence and attracting fresh foreign direct investment would be crucial to sustaining that momentum.

Beyond the road itself, the president outlined a slate of flagship programmes his administration is pursuing, including the Big Push economic agenda, the Mahama Cares social initiative, Nkoko Nkitinkiti, and a 24-hour market programme designed to extend trading hours and boost local commerce. He referenced a recent sod-cutting ceremony for a 24-hour market in the region as a tangible sign of that agenda taking shape.

President Mahama closed by urging residents to attend an upcoming stakeholder engagement in Sunyani, saying that public input remained central to how his government intends to design and deliver policy.

The rewrite strips out the hashtags and press-release tone, tightens the structure into an inverted pyramid format, and adds geographic and contextual grounding to make it read like a filed news report.

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Mahama to Table UN Resolution Declaring Transatlantic Slave Trade the Gravest Crime Against Humanity

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President John Dramani Mahama is set to table a landmark United Nations (UN) resolution seeking to declare the Transatlantic Slave Trade as the gravest crime against humanity on March 25, 2026.

 

The move fulfills a commitment made by President Mahama during his address to the UN General Assembly last year.

 

Ghana, acting in its role as the African Union (AU) Champion on Reparations, is spearheading the initiative in collaboration with the Caribbean Community (CARICOM) and representatives of people of African descent globally. The draft resolution is scheduled for consideration and possible adoption by the UN General Assembly on Wednesday, March 25.

 

The proposed resolution aims to formally recognise the trafficking of enslaved Africans and the system of racialised chattel slavery as the gravest crime against humanity. It cites the unprecedented scale, duration, systemic character, brutality, and enduring global consequences of the Transatlantic Slave Trade as grounds for this designation.

 

If adopted, it would represent the first comprehensive UN resolution addressing slavery and the Transatlantic Slave Trade in the organisation’s 80-year history.

 

The resolution is expected to reinforce historical truth as a foundation for justice and reconciliation, while advancing calls for reparatory justice, accountability, and healing.

 

Its consideration coincides with the International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade. Analysts say the initiative marks a significant step toward acknowledging historical injustices and confronting their long-term effects on global inequalities, development disparities, and structural imbalances.

 

Following a potential adoption, Ghana is expected to intensify multilateral efforts toward reparatory justice under the African Union’s Decade of Action on Reparations and African Heritage (2026–2036).

 

Ahead of the UN session, a wreath-laying ceremony will be held at the African Burial Ground in New York on March 24 at 8:00 a.m., followed by a high-level event on reparatory justice at 10:00 a.m. in Conference Room 3 at the UN headquarters.

 

The Ministry of Foreign Affairs has expressed appreciation to key partners, including the African Union Commission, UNESCO, CARICOM, the Community of Latin American and Caribbean States (CELAC), as well as experts, diplomats, academics, and activists who contributed to the development of the resolution.

 

Ghana has called on all UN member states to support the initiative, urging them to “stand on the right side of history and justice.”

 

Officials available for interviews include the Minister for Foreign Affairs, Samuel Okudzeto Ablakwa; Deputy Minister James Gyakye Quayson; Ambassador Francis Danti Kotia; Ambassador Harold Adlai Agyeman; and Special Envoy for Reparations, Dr. Ekwow Spio-Garbrah.

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Ghana’s Economy Remains Resilient Amid Global Conflicts — President Mahama

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President John Dramani Mahama has assured Ghanaians that the nation’s economy remains strong and resilient, despite ongoing global tensions involving the United States, Israel, and Iran.

Speaking at the sod-cutting ceremony for the 24-hour economy module market in Dormaa Ahenkro, the President emphasized that the government is actively working to shield Ghana’s economic gains from external shocks.

“We have worked diligently over the past year to stabilize our economy, and the results are clear — our economy is strengthened and resilient,” President Mahama said. “No matter what shocks may occur globally, Ghana stands firm. We have seen how conflicts such as the Russia-Ukraine war have impacted other countries, and we are determined to ensure that Ghana does not suffer similar setbacks.”

He added, “The economic progress we have achieved in this administration must be preserved. Even in the face of global disruptions, we are positioning Ghana on a firm growth trajectory. The COVID-19 pandemic and the Russia-Ukraine war challenged economies worldwide, but Ghana continues to show resilience.”

President Mahama also highlighted the government’s initiatives to boost domestic economic activity, including the establishment of the 24-hour economy module market in Dormaa Ahenkro, which aims to stimulate trade, create jobs, and enhance local business opportunities.

“Through strategic planning and consistent effort, we are ensuring that no global event can derail Ghana’s economic stability,” the President said.

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