By Lawrence Odoom/Phalonzy
Vice President Prof. Naana Jane Opoku-Agyemang has disclosed that government is deploying cutting-edge, technology-driven public financial management systems designed to enhance revenue mobilisation and seal fiscal leakages.
She noted that the introduction of digital inspection mechanisms at Ghana’s ports forms part of a broader strategy to detect under-invoicing and curb smuggling.
Addressing the Controller and Accountant-General’s Department (CAGD) 2026 Annual Conference on Thursday, April 23, the Vice President underscored that the efficacy of these reforms hinges on rigorous discipline in execution.
Prof. Opoku-Agyemang stated that government is harnessing AI-powered trade analytics and digital VAT systems to fortify revenue mobilisation, bolster compliance, and minimise financial leakages.
“The government of Ghana has shifted towards technology-driven public financial management. The future of fiscal governance is digital, but it must be digital with discipline,” she said.
She further highlighted that recent macroeconomic gains, including a precipitous decline in inflation, are the dividends of deliberate fiscal reforms and strengthened public financial management.
“Inflation declined from 23.8% in December 2024 to 3.2% as of March this year. The cedi has stabilised significantly, supported by improved reserves. More importantly, Ghana has achieved a primary fiscal surplus of 1.6%, thus reversing previous deficits. This is the result of deliberate reforms and improved public financial management systems,”she added.