{"id":12054,"date":"2025-07-31T08:57:07","date_gmt":"2025-07-31T08:57:07","guid":{"rendered":"https:\/\/www.fishfmonline.com\/?p=12054"},"modified":"2025-07-31T08:57:07","modified_gmt":"2025-07-31T08:57:07","slug":"weve-not-apologised-for-gh%c2%a2138-9bn-public-debt-overstatement-audit-service","status":"publish","type":"post","link":"https:\/\/www.fishfmonline.com\/?p=12054","title":{"rendered":"We\u2019ve not apologised for GH\u00a2138.9bn public debt overstatement \u2013 Audit Service"},"content":{"rendered":"<p>The Audit Service has denied issuing an apology for allegedly overstating Ghana\u2019s public debt by GH\u00a2138.91 billion in its 2024 Auditor-General\u2019s report.<\/p>\n<p>A statement signed by Ama Awotwe-Bosumafi, Assistant Auditor-General, Public Relations Unit of the Audit Service, said: \u201cThere has not been any such apology or statement by the Office regarding information published in our reports.\u201d<\/p>\n<p>It explained that during its review, the Auditor-General observed a discrepancy between total public debt figures reported by the Controller and Accountant-General\u2019s Department (GH\u00a2876.08 billion) and the Ministry of Finance (GH\u00a2737.17 billion), resulting in an overstatement of GH\u00a2138.91 billion.<\/p>\n<p>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\u2019s Department, and COCOBOD regarding debt consolidation.<\/p>\n<p>It described the Ghana Today publication as a misrepresentation of paragraphs 13\u201318 of the Public Accounts of Ghana, which highlighted discrepancies in debt figures reported by the two government agencies.<\/p>\n<p>The post falsely quoted the Auditor-General as saying: \u201cWe overstated Ghana\u2019s total public debt by GH\u00a2138.9 billion in our 2024 report. We apologise for this oversight \u2013 Auditor-General.\u201d<\/p>\n<p>\u201cThe information stated by Ghana Today is inaccurate and therefore seeks all well-meaning Ghanaians and stakeholders to view the publication as mischievous,\u201d the statement added.<\/p>\n<p>The Audit Service urged media organisations and individuals wishing to republish its reports to verify facts thoroughly.<\/p>\n<p>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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Audit Service has denied issuing an apology for allegedly overstating Ghana\u2019s public debt by GH\u00a2138.91 billion in its 2024 Auditor-General\u2019s report. A statement signed by Ama Awotwe-Bosumafi, Assistant Auditor-General, Public Relations Unit of the Audit Service, said: \u201cThere has not been any such apology or statement by the Office regarding information published in our [&hellip;]<\/p>\n","protected":false},"author":123457,"featured_media":12055,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[41],"tags":[3761],"class_list":["post-12054","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-news","tag-auditor-generals-report"],"_links":{"self":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/12054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/users\/123457"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12054"}],"version-history":[{"count":1,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/12054\/revisions"}],"predecessor-version":[{"id":12056,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/12054\/revisions\/12056"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/media\/12055"}],"wp:attachment":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}