A Senior Research Associate with IMANI Africa, Dennis Asare, has revealed that Ghana lost over GH₵4.9 billion due to financial irregularities in 2023.
He noted that these lost funds could have significantly bolstered social intervention programmes like the Livelihood Empowerment Against Poverty (LEAP) and the Ghana School Feeding Programme.
Asare made these comments while releasing the third fiscal recklessness index report, jointly produced by policy think tanks IMANI Africa and Oxfam Ghana.
The report assesses financial irregularities across Ministries, Departments, and Agencies (MDAs).