Akufo-Addo's government left GH¢450 miilion debt at foreign ministry - Okudzeto Ablakwa

In a recent disclosure, Ghana's Minister of Foreign Affairs, Samuel Okudzeto Ablakwa, revealed that the previous administration under President Nana Addo Dankwa Akufo-Addo left a debt exceeding GH¢450 million at the Ministry of Foreign Affairs. This revelation has sparked significant concern regarding the financial management practices of the former government

Feb 28, 2025 - 14:34
Akufo-Addo's government left GH¢450 miilion debt at foreign ministry - Okudzeto Ablakwa

Minister Ablakwa highlighted that this substantial debt has severely impacted the Ministry's operations, hindering its ability to effectively manage Ghana's diplomatic missions and international engagements. The financial strain has necessitated immediate measures to address the outstanding obligations to ensure the continuity of Ghana's foreign relations.

In response to the situation, the Ministry is undertaking a comprehensive audit to ascertain the exact nature and sources of the debt. This audit aims to promote transparency and accountability, providing a clear understanding of the financial commitments inherited from the previous administration.

Minister Ablakwa has also indicated plans to implement strategic reforms within the Ministry to prevent the recurrence of such financial challenges. These reforms are expected to enhance fiscal discipline, improve resource management, and strengthen oversight mechanisms to safeguard public funds.

The revelation of this debt has ignited discussions among policymakers, stakeholders, and the general public about the importance of prudent financial management in government institutions. It underscores the need for robust financial oversight to maintain the integrity and functionality of critical state ministries.

As the Ministry of Foreign Affairs navigates this financial predicament, it remains committed to upholding Ghana's international obligations and ensuring that the country's diplomatic missions continue to operate effectively despite the fiscal constraints.

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