ADVERTISEMENT
Saturday, July 25, 2026
  • Home
  • About
  • Contact
  • Sitemap
  • Login
  • Register
The Ghanaian Standard
  • Home
  • Latest
    • General
    • Education
    • Environment
    • Health
    • Social
    • Tech
  • TrendingHot
  • Politics
    • Legal
    • Crime
    • Security
  • Business
    • Economy
    • Finance
  • Opinion
  • Sports
    • Boxing
  • International
  • Featured
    • Profiles
  • Job Vacancies
No Result
View All Result
  • Home
  • Latest
    • General
    • Education
    • Environment
    • Health
    • Social
    • Tech
  • TrendingHot
  • Politics
    • Legal
    • Crime
    • Security
  • Business
    • Economy
    • Finance
  • Opinion
  • Sports
    • Boxing
  • International
  • Featured
    • Profiles
  • Job Vacancies
No Result
View All Result
The Ghanaian Standard
No Result
View All Result
Home Business Economy

West African auditors urged to harness AI for stronger accountability and economic transformation

Kelvin KokrokobyKelvin Kokroko
October 11, 2025
in Economy
Reading Time: 2 mins read
West African auditors urged to harness AI for stronger accountability and economic transformation

Supreme Audit Institutions (SAIs) across West Africa have been urged to embrace digital technologies, including Artificial Intelligence (AI), to enhance public sector auditing, strengthen accountability, and drive economic transformation in the region.

This call was made at the third ECOWAS Organisation of Supreme Audit Institutions (ECOSAI) meeting held in Accra, where experts underscored the importance of digitalisation, regional collaboration, and citizen engagement in improving transparency and governance.

Get more exclusive breaking news updates on our WhatsApp channel .

Supreme audit institutions, which serve as independent agencies responsible for auditing government revenues and expenditures, were encouraged to adopt innovative tools that would enable the timely publication of audit findings, efficient expenditure tracking, and better fiscal corrections.

Mr Johnson Akuamoah Asiedu, Ghana’s Auditor-General, said SAIs must view public sector auditing not only as a tool for fiscal correction but also as a driver of economic transformation.
“This is very important for us to forge forward for deeper regional integration,” he stated.

Enterprice Web Designs for SMEs and Institutions
ADVERTISEMENT

He emphasised the need for auditors to engage citizens periodically, ensure value for money in public investments, and build a united West African audit alliance capable of sharing data and best practices across borders.
“Corruption and inefficiency do not respect national borders. Therefore, our response must be equally united; we must explore AI and other applications that empower auditors and protect taxpayers,” he added.

Madam Abena Osei-Asare, Chairperson of Ghana’s Public Accounts Committee, commended SAIs for their role in promoting transparency and fighting corruption. She called for stronger partnerships with national parliaments, internal audit bodies, media organisations, and civil society groups to improve public financial performance.
“Your goal must remain clear, to advance accountability and transparency in the management of public resources at both the national and regional levels,” she said.

Mrs Diane Holo-Sacramento, Chairperson of the ECOWAS Audit Committee, stressed that accountability and transparency are the “lifeblood of sustainable development.” She warned that without decisive and collective action, the region risks deepening poverty and anti-democratic sentiments, but expressed optimism about ECOWAS countries building stronger audit systems.

The ECOSAI meeting served as a platform for collaboration, knowledge sharing, and capacity building among SAIs to promote good governance and strengthen public financial management across the ECOWAS sub-region.

Tags: ECOWAS

Related Stories

Mahama Ayariga

Mahama Ayariga backs ECOWAS standby force decision on Niger

GHS, ECOWAS RCSDC Train Officers on National Behavioural Intelligence and Infodemic Management System

GHS, ECOWAS RCSDC Train Officers on National Behavioural Intelligence and Infodemic Management System

Former Chief Justice Gertrude Torkornoo

ECOWAS Court dismisses all 7 claims brought by former Chief Justice Gertrude Torkornoo against Ghana

Deputy Finance Minister courts investors to transform Ghana’s rice economy

Deputy Finance Minister courts investors to transform Ghana’s rice economy

Premium Website Design for SMEs, Brands & Institutions Premium Website Design for SMEs, Brands & Institutions Premium Website Design for SMEs, Brands & Institutions
ADVERTISEMENT

Trending News

Global Citizen Festival marks 10th anniversary with star-studded concert in Accra

Global Citizen Festival marks 10th anniversary with star-studded concert in Accra

MMDCEs in Ghana

FULL LIST: MMDCEs in Ghana

# Minority questions government's explanation on frozen contingency fund for flood response The Ranking Member on Parliament's Works and Housing Committee, Martin Adjei Mensah Korsah, has questioned the Finance Minister's explanation that a court order freezing Ghana's constitutional contingency fund prevented government from accessing emergency resources to respond to recent flooding in Accra. According to the Suame Member of Parliament, the explanation is surprising and appears inconsistent with earlier assurances given by government regarding its emergency response to the floods. His comments follow the presentation of the 2026 Mid-Year Budget Review by the Minister for Finance, Dr Cassiel Ato Forson, who disclosed that government's efforts to access the constitutional contingency fund had been frustrated because the account had been garnisheed under a court order. The Finance Minister described the contingency fund as Ghana's only constitutionally established emergency fund and expressed concern that its unavailability had limited government's ability to respond swiftly to disasters. Speaking on JoyNews' *The Pulse*, Mr Mensah Korsah questioned how Cabinet could have approved emergency flood interventions without being aware that the contingency fund was legally inaccessible. "That's quite a big surprise. The aftermath of the rains and the subsequent overwhelming flooding that we saw, every step that the government took, we in Parliament were made to believe, was as a result of a government emergency response born out of Cabinet deliberations," he said. He argued that if Cabinet had authorised the interventions, it was difficult to understand how ministers, particularly the Attorney-General as government's chief legal adviser, were unaware of the court order affecting the fund. "If the Cabinet of Ghana could convene and brainstorm on measures to mitigate subsequent floods and decided to assess money from the contingency fund and it never occurred to Cabinet, of which the chief legal advisor to the President, Attorney-General, is a member, and they did not know that the contingency fund had a garnishee order, then it's quite strange. Absolutely strange," he stated. Mr Mensah Korsah said the development raises concerns about coordination among government ministries and agencies responsible for disaster management. "I don't even know then how these agencies or departments or ministries of government are coordinating to work," he said, adding that the explanation suggested a lack of synergy within government. He further maintained that the Attorney-General's presence in Cabinet should have ensured ministers were fully informed about the legal status of the contingency fund before announcing emergency measures. "There is no way the Attorney-General who sits in Cabinet, chief legal advisor, wouldn't have known the state of this contingency fund. And for you to have come to the Parliament of Ghana, spoken to the whole country, outlined these measures only for us to be told that you went and you couldn't access the money. How are you working as a government?" he asked. ### GARID project The Ranking Member also rejected claims by the Finance Minister that the previous Akufo-Addo administration had mismanaged the Greater Accra Resilient and Integrated Development (GARID) Project. He described the allegations as "complete falsehoods" and accused government officials of presenting conflicting accounts in public and before Parliament. According to him, World Bank implementation reports issued in September 2024 and May 2025 did not identify any misuse of project funds by the previous administration. "At nowhere does the World Bank find any wrongdoing or misuse of money. No, you don't find it anywhere," he said. Instead, he argued that the reports pointed to delays by the Ministry of Finance in releasing funds needed for implementation of the flood mitigation project. "One would have thought that the Finance Ministry would eat a humble pie and get to fix this problem. Rather, when the World Bank report indicts them for sitting on money and not releasing funds for GARID to be completed, they rather turn their backs on propaganda," he stated. Mr Mensah Korsah also disclosed that during a recent meeting of Parliament's Works and Housing Committee involving officials from the Ministries of Finance, Works and Housing, and Sanitation, no allegations of financial impropriety concerning the GARID project were raised. He explained that discussions focused on consultant payments under the World Bank-funded programme, noting that project components cannot be altered without the lender's approval because of the strict implementation framework governing World Bank-financed projects. The debate over government's flood response has intensified following the recent floods in parts of Accra, with renewed calls for improved drainage infrastructure, timely release of project funds and stronger coordination among institutions responsible for disaster prevention and emergency response.

Minority questions government’s explanation on frozen contingency fund for flood response

Twenty-five Ghanaians seek asylum in Canada after 2026 FIFA World Cup

Twenty-five Ghanaians seek asylum in Canada after 2026 FIFA World Cup

List of Forex Exchange Bureaux in Ghana

List of Forex Exchange Bureaux in Ghana

The Ghanaian Standard

The Ghanaian Standard is an independent news media platfrom trusted by Ghanaian worldwide for breaking news coverage of Ghanaian politcs, business, social, legal, crime news and opinion essays. We are baed in Accra, Ghana

Browse by Category

  • Boxing
  • Business
  • Crime
  • Economy
  • Education
  • Entertainment
  • Environment
  • Expose
  • Featured
  • Finance
  • Health
  • History
  • International
  • Legal
  • Music
  • News
  • Opinion
  • Politics
  • Profiles
  • Science
  • Security
  • Social
  • Speeches
  • Sports
  • Technology
  • TV & Cinema

Contact

Soursop St GS-0750-8619, Iron City-Amanfrom, Ga South, Accra – Ghana

Phone: 233 55 091 9202
Email: contact@ghstandard.com

Follow Us

  • About
  • Contact
  • Sitemap

© 2025 The Ghanaian Standard - Breaking news in Ghana today | Designed by EnspireFX Websites | Powered by StellerHost

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Latest
    • General
    • Education
    • Environment
    • Health
    • Social
    • Tech
  • Trending
  • Politics
    • Legal
    • Crime
    • Security
  • Business
    • Economy
    • Finance
  • Opinion
  • Sports
    • Boxing
  • International
  • Featured
    • Profiles
  • Job Vacancies
  • Login
  • Sign Up

© 2025 The Ghanaian Standard - Breaking news in Ghana today | Designed by EnspireFX Websites | Powered by StellerHost