Vice President Professor Naana Jane Opoku-Agyemang has reaffirmed the government’s commitment to building a resilient, transparent, and technology-driven public financial management system to safeguard national resources and accelerate development.
Speaking at the 2026 Annual Conference of the Controller and Accountant-General’s Department (CAGD) in Koforidua on Thursday, the Vice President said the government remains focused on strengthening accountability mechanisms while leveraging technology to improve fiscal governance.
“And it is why Ghana is pursuing discipline, embracing the needed technology, strengthening accountability, and building a resilient and transparent public financial system,” she stated.
Professor Opoku-Agyemang said prudent financial management remains critical to Ghana’s development agenda, noting that recent economic indicators show signs of recovery due to deliberate reforms.
According to her, inflation declined from 23.8 percent in December 2024 to 3.2 percent as of March this year, while improved foreign reserves have contributed to the stability of the cedi.
She added that Ghana has also recorded a primary fiscal surplus of 1.6 percent, reversing previous deficits.
“These are the outcomes of deliberate reforms and improved public financial management systems, driven largely by institutions such as the Controller and Accountant-General’s Department,” she said.
The Vice President announced that government is intensifying efforts to modernise public financial systems through digital innovation.
She disclosed that AI-powered trade analytics and digital VAT systems are being deployed to enhance revenue mobilisation, reduce leakages, and improve tax compliance.
New inspection systems at Ghana’s ports, she said, will also help detect under-invoicing and smuggling, which have historically deprived the state of revenue.
Professor Opoku-Agyemang further revealed that government is strengthening legal compliance by enforcing the amended Public Financial Management Act 2025, introducing sanctions for non-compliance, and implementing real-time audit monitoring systems.
She also announced plans to establish a Value for Money Office to assess public projects before approval and monitor implementation to ensure public funds are used effectively.
The Vice President stressed that the role of the Controller and Accountant-General’s Department has become increasingly strategic as government works to ensure that public resources translate into meaningful outcomes for citizens.
She charged the Department to lead the digital transformation of government accounting systems, strengthen payroll integrity, eliminate ghost names, ensure real-time financial reporting, and promote transparency in public expenditure.
Professor Opoku-Agyemang said effective fiscal governance remains essential to funding major national priorities, including infrastructure development, education, healthcare, social protection, and job creation.
She urged public financial managers to remain committed to accountability and efficiency, noting that their work directly impacts governance outcomes and the lives of citizens.
The conference brought together public sector leaders, financial administrators, and stakeholders to deliberate on improving transparency, accountability, and sustainability in Ghana’s public financial management system.