The Auditor-Basic is predicted to submit an interim audit report on excellent contractor claims within the coming days, which is able to set off the graduation of funds by authorities.
This growth was disclosed throughout a gathering between the Finance Minister Dr. Cassiel Ato Forson and Ecobank Group Chief Government Workplace, Jeremy Awori.
Authorities inherited contractor arrears amounting to GH¢67 billion and has dedicated to auditing and settling these obligations over a four-year interval.
An quantity of GH¢13 billion has been allotted within the 2025 Price range to start clearing the verified claims.
The Finance Minister underscored the administration’s willpower to keep away from the buildup of latest arrears.
He referenced current amendments to the Public Monetary Administration Act meant to deliver higher self-discipline and transparency to public procurement and contract administration.
Ecobank, because the nation’s largest monetary establishment, was inspired to deepen its assist for Ghana’s financial restoration efforts, notably in non-public sector growth and agriculture.
Ecobank’s CEO, Jeremy Awori, reaffirmed the financial institution’s curiosity in supporting Ghana’s restoration and indicated readiness to scale up lending and strategic cooperation with authorities.
The assembly was additionally attended by the Minister for Power and Inexperienced Transition, John Abdulai Jinapor.
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