In a bold move to restore fiscal discipline and revive stalled public infrastructure, the Minister for Finance, Dr. Cassiel Ato Forson, has announced the launch of a forensic audit into a number of incomplete government projects across the country.
The announcement was made during the presentation of the 2025 Mid-Year Fiscal Policy Review to Parliament in Accra, where the Finance Minister noted that it formed part of a broader national strategy to ensure accountability and accelerate development in key sectors.
Dr Forson's presentation also highlighted the nation's macroeconomic performance for the first six months of 2025; progress on the implementation of the IMF programme and the status of Ghana's debt restructuring programme among others.
According to Dr. Forson, the decision to initiate the audit followed disturbing reports that some contractors had accessed substantial loan funds without executing any physical works.
“Our attention was drawn to the fact that several contractors implementing some of these stalled projects had drawn down on project loans with no matching work done to ensure transparency, we have commissioned a forensic audit into these projects,” Dr. Forson revealed.
24 Infrastructure Projects
In a parallel measure to mitigate delays and maximise investment in ongoing infrastructure, Dr. Forson disclosed that the government has identified 24 priority infrastructure projects each over 70 per cent complete that have been earmarked for completion and commissioning by 2028.
These projects, he said, span critical sectors including healthcare, education, water and sanitation, transport infrastructure, and market development as the government has committed to ensuring their completion without modifying the original scope or cost.
“We are fully committed to delivering these projects without altering their original scope or cost structure, there is no room within our agreements with the IMF and the Official Creditor Committee to expand the scale of work,” the Minister stated.
He clarified that resumed disbursements and debt servicing related to these projects were in strict compliance with the terms of Ghana’s IMF-supported economic reform programme and ongoing bilateral debt restructuring efforts.
Dr. Forson further reassured Parliament that the infrastructure agenda will be pursued with financial discipline and transparency, pledging to provide updates to Parliament on the audit’s outcome and progress made on the identified projects.