Auditor-General — Period ended 31 December 2023 Verified from PDF
Public Boards, Corporations & SOEs
Report of the Auditor-General on the Public Accounts of Ghana: Public Boards, Corporations and other Statutory Institutions
Source: Ghana Audit Service, full report (PDF)Publisher: Ghana Audit Service
The headline number
2023 total irregularities
GH¢8.80bn
GH¢8,799,263,120
Change on previous year
-41.6%
From GH¢15.06bn in 2022
Largest type: Debts/Loans
98.6%
GH¢8.67bn of the total
Institutions audited
135
Up from 113 the year before
Recoverable
GH¢8.73bn
Administrative (not recoverable): GH¢66.8m
5-year trend
Total irregularities, 2019–2023 · Part I, Table 2 (p. 2)
Show data table
| Year | Total |
|---|---|
| 2019 | GH¢5,468,398,431 |
| 2020 | GH¢12,856,172,626 |
| 2021 | GH¢17,483,483,538 |
| 2022 | GH¢15,059,441,806 |
| 2023 | GH¢8,799,263,120 |
By type of irregularity
2023
Show data table
| Type | Amount | Share |
|---|---|---|
| Debts/Loans | GH¢8,673,795,784 | 98.57% |
| Procurement/Stores | GH¢53,729,279 | 0.61% |
| Contract | GH¢53,219,534 | 0.60% |
| Payroll | GH¢8,724,425 | 0.10% |
| Cash | GH¢7,890,052 | 0.09% |
| Tax | GH¢1,904,046 | 0.02% |
By sector ministry
Part I, Table 3 (p. 4)
Show data table
| Institution | Total |
|---|---|
| Ministry of Finance | GH¢8,243,718,632 |
| Ministry of Works & Housing | GH¢121,693,373 |
| Ministry of Energy | GH¢119,882,861 |
| Ministry of Transport | GH¢91,275,492 |
| Ministry of Food & Agriculture | GH¢84,217,771 |
| Ministry of Education | GH¢54,720,516 |
| Ministry of Lands & Natural Resources | GH¢27,769,743 |
| Ministry of Information | GH¢21,840,051 |
| Ministry of Health | GH¢20,563,445 |
| Ministry of Justice & AG's Dept. | GH¢4,058,184 |
| Ministry of Tourism, Culture & Creative Arts | GH¢2,624,475 |
| Extra-Ministerial Agencies | GH¢2,303,575 |
| Ministry of Sanitation & Water Resources | GH¢1,462,382 |
| Ministry of Employment & Labour Relations | GH¢1,074,863 |
| Ministry of Youth & Sports | GH¢858,514 |
| Ministry of Trade & Industry | GH¢607,511 |
| Ministry of Communication & Digitalisation | GH¢385,338 |
| Ministry of Environment, Science, Tech. & Innovation | GH¢173,094 |
| Ministry of Defence | GH¢33,300 |
Type history
How the mix changed, 2019–2023
Show data table
| Type | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Debts/Loans | 4,859,727,984 | 10,067,170,560 | 16,355,145,068 | 14,964,300,230 | 8,673,795,784 |
| Tax | 199,651,868 | 29,201,677 | 23,572,832 | 12,856,588 | 1,904,046 |
| Contract | 87,652,433 | 89,807,321 | 283,778,072 | 4,574,914 | 53,219,534 |
| Cash | 215,025,782 | 1,802,692,515 | 505,800,397 | 23,513,600 | 7,890,052 |
| Procurement/Stores | 40,091,418 | 857,725,788 | 306,943,215 | 42,710,320 | 53,729,279 |
| Payroll | 66,248,946 | 9,574,765 | 8,243,954 | 11,486,154 | 8,724,425 |
| Total | 5,468,398,431 | 12,856,172,626 | 17,483,483,538 | 15,059,441,806 | 8,799,263,120 |
Notable findings
Examples from the report
- Debt owed to the Bank of Ghana by Ghana Cocoa Board (inside the outstanding debts/loans figure)GH¢8.24bn
- Recoverable share of all irregularities (debts, cash, payroll, tax, contract)99.24%
- Administrative infractions (procurement and contract), not recoverableGH¢66.8m
Notes
- Includes US$4,585,776, converted at GH¢11.88 to US$1 (31 December 2023).
- This report covers state-owned enterprises, public boards, corporations and statutory institutions.
- Stores irregularities (GH¢2.7m in 2019, GH¢11.6m in 2020, GH¢0.17m in 2021) are merged into Procurement/Stores here.