The Controller and Accountant General’s Department (CAGD) has dismissed claims that it overstated Ghana’s public debt by GH¢138.91 billion in the 2023 Whole of Government Accounts.
The Auditor-General’s report had flagged discrepancies, noting that while the CAGD reported the country’s total public debt at GH¢861.4 billion, Ministry of Finance records reflected GH¢737.17 billion.
Appearing before the Public Accounts Committee of Parliament on Monday, August 25, 2025, the Controller and Accountant General, Kwasi Agyei, clarified that the matter had since been resolved through a reconciliation exercise.
Supporting his explanation, the Assistant Auditor-General in charge of Whole of Government Account Audit, Paul Affram, confirmed that the figures were reconciled after the report’s release, validating the CAGD’s position.
The Department has therefore urged the public to disregard suggestions that it overstated the national debt.
