• Advertise with Us
  • About Us – Fish Fm Online
  • Contact Us
  • Live TV & Radio
Friday, October 31, 2025
  • Login
  • Business
  • Politics
  • General News
  • Entertainment
  • Sports
  • Tech
  • Africa
  • Listen 88.5 Radio Live
No Result
View All Result
FISH FM ONLINE
  • Business
  • Politics
  • General News
  • Entertainment
  • Sports
  • Tech
  • Africa
  • Listen 88.5 Radio Live
No Result
View All Result
FISH FM ONLINE
No Result
View All Result
Home General News

We’ve not apologised for GH¢138.9bn public debt overstatement – Audit Service

Patrick Gyasi by Patrick Gyasi
July 31, 2025
in General News
0
We’ve not apologised for GH¢138.9bn public debt overstatement – Audit Service
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

The Audit Service has denied issuing an apology for allegedly overstating Ghana’s public debt by GH¢138.91 billion in its 2024 Auditor-General’s report.

A statement signed by Ama Awotwe-Bosumafi, Assistant Auditor-General, Public Relations Unit of the Audit Service, said: “There has not been any such apology or statement by the Office regarding information published in our reports.”

It explained that during its review, the Auditor-General observed a discrepancy between total public debt figures reported by the Controller and Accountant-General’s Department (GH¢876.08 billion) and the Ministry of Finance (GH¢737.17 billion), resulting in an overstatement of GH¢138.91 billion.

The variance, the statement said, was due to data aggregation errors, the inclusion of unverified obligations, and poor coordination between the Ministry of Finance, the Controller and Accountant-General’s Department, and COCOBOD regarding debt consolidation.

It described the Ghana Today publication as a misrepresentation of paragraphs 13–18 of the Public Accounts of Ghana, which highlighted discrepancies in debt figures reported by the two government agencies.

The post falsely quoted the Auditor-General as saying: “We overstated Ghana’s total public debt by GH¢138.9 billion in our 2024 report. We apologise for this oversight – Auditor-General.”

“The information stated by Ghana Today is inaccurate and therefore seeks all well-meaning Ghanaians and stakeholders to view the publication as mischievous,” the statement added.

The Audit Service urged media organisations and individuals wishing to republish its reports to verify facts thoroughly.

It reminded the public that all Auditor-General reports have been duly submitted to Parliament in line with Article 187(5) of the 1992 Constitution and are available on the Audit Service website.

Tags: Auditor generals' report
Previous Post

Parliament approves allocation of oil revenues, mineral royalties to ‘Big Push Agenda’

Next Post

am someone who loves challenges-Mbeumo

Next Post
am someone who loves challenges-Mbeumo

am someone who loves challenges-Mbeumo

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

EDITOR'S PICK

  • All
  • Politics
GJA announces 9-Member committee to vet entries for 28th Annual Media Awards .

GJA announces 9-Member committee to vet entries for 28th Annual Media Awards .

July 30, 2024
Kylian Mbappe’s Considerable Pay Cut to Join Real Madrid

Kylian Mbappe’s Considerable Pay Cut to Join Real Madrid

February 19, 2024
We Are Doing Gospel Songs – Keche Claims

We Are Doing Gospel Songs – Keche Claims

February 28, 2024
Dr Bawumia’s small-scale mining policy ‘game-changer’ – Mireku Duker touts

Dr Bawumia’s small-scale mining policy ‘game-changer’ – Mireku Duker touts

February 14, 2024

About Fish FM Online

Fish FM Online is a Private News Portal based in Boamang Afigya Kwabre North Ghana.

Fish FM Online is Ghana’s leading news website that delivers high quality innovative, alternative news that challenges the status quo.

Follow us

Categories

  • Accident
  • Accountability
  • Africa
  • Agriculture
  • BBC
  • Business
  • Chieftaincy
  • Crime
  • Cultural
  • Culture
  • Deforestation
  • Disaster
  • Economy
  • Education
  • Employment
  • Energy
  • Entertainment
  • Environment
  • Exchange Rate
  • Fish TV
  • Galamsey
  • General News
  • Health
  • Infrastructure
  • Land degradation
  • Legal
  • Lifestyle
  • National
  • Natural resource
  • Natural resources
  • Opinion
  • Politics
  • Regional
  • Religion
  • Sanitation
  • Security
  • Sports
  • Tech
  • Technology
  • Top Story
  • Transport
  • Uncategorized
  • Utility
  • World

Recent Posts

  • Four-year term too short to transform Ghana’s dev’t trajectory – Shamima Muslim
  • Govt to procure 500 new buses for Metro Mass Transit
  • No rift between OSP and Attorney General – Kissi Agyebeng
  • FISH MMƆFRA MMERƐ QUIZ 2025: Ahenkro D/A JHS, Nkwantakese D/A JHS, and Nkwantakese Methodist JHS Qualify to Quarter Finals
  • Contact Us
  • Advertise with Us
  • Live TV & Radio

All Rights Reserved © 2023 Fish Fm Online Powered by Code Arthur.

No Result
View All Result
  • Home
  • Business
  • Politics
  • Entertainment
  • Sports
  • Tech
  • Africa
  • World
  • Health
  • Fish Fm Online
  • Live TV & Radio

All Rights Reserved © 2023 Fish Fm Online Powered by Code Arthur.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In