Value for Money Office

Value for Money Office — institution established to scrutinize public expenditure and government contracts, launching January 2027.

2026-05-112026-10-30

News reports

Order a long-term news report on Value for Money Office

Every mention in the Ghanaian press over the period you choose, compiled as a PDF or Word document.

In coverage

Verbatim sentences from the source article.

October 2026
1 OctJoy Online
… Dr Ofosu-Dorte also urged greater coordination among the Police Service, Internal Audit Agency, Value for Money Office and Office of the Special Prosecutor to prevent financial losses while avoiding unnecessary duplication of audits. …
Auditor-General vows tough surcharges, unveils tracker, AI audits
September 2026
30 SeptJoy Online
… t institutions and professionals in the audit process to ensure that punitive actions were legally sound and did not amount to harassment. “There are institutions such as the Police, the internal auditing organisations, the Special Prosecutor and the recent Value for Money Office …
Enforce surcharges, modernise audits to curb GH¢100bn losses – Audit Service urged
17 SeptJoy Online
The Accra-Kumasi Expressway will be the first major infrastructure project to come under the scrutiny of the Value for Money Office (VfMO) under the Ministry of Finance. …
Accra-Kumasi Expressway to be scrutinised by Value for Money Office
14 SeptJoy Online
The Progressive Policy Institute, Ghana (PPI), warmly congratulates Dr Abdul-Baasit Aziz-Bamba on his appointment as Acting Director-General of the Value for Money Office. …
PPI Ghana congratulates Dr Abdul-Baasit Aziz-Bamba: Ghana needs a proper reset on value for money
9 SeptThe Ghanaian Times
… Abdul-Baasit Aziz-Bamba as Acting Director-General of the Value for Money Office. …
President appoints Dr. Abdul-Baasit Aziz-Bamba as Acting Director-General of Value for Money Office
8 SeptJoy Online
President John Mahama has appointed Dr Abdul-Baasit Aziz-Bamba as Acting Director-General of the Value for Money Office. …
Mahama appoints Dr Aziz-Bamba as Acting Director-General of Value for Money Office
July 2026
23 JulThe Chronicle
… The Finance Minister also announced the establishment of a Value for Money Office to improve expenditure efficiency and ensure public funds deliver maximum benefits to citizens. …
Ato Forson: Spending Controls Driving Economic Recovery
23 JulJoy Online
… Dr Forson listed a series of accompanying institutional reforms: the establishment of a Value for Money Office to strengthen expenditure efficiency, the creation of a Fiscal Council for oversight and transparency, a comprehensive audit of government payables, and amendments to th …
Government slashes public spending, turns 2024 deficit into 2.5% Primary surplus — Finance Minister
June 2026
25 JunBusiness & Financial Times
… Tetteh AFFOTEY-WALTERS The article analysis the Value for Money Office (VFM) Act that is now law. …
The procurement architecture has a missing blueprint
May 2026
12 MayJoy Online
The Director of Field Operations for the United Party, Hopeson Adorye, has commended the government’s establishment of the Value for Money Office, describing it as a significant step towards strengthening accountability and addressing financial irregularities in the public sector …
Hopeson Adorye commends Value for Money Office as strengthening accountability in public spending

Politics

Auditor-General pledges surcharges, launches AI audit tracker

The News

Dr Pamela Graham, Ghana's Auditor-General, vowed to fully exercise constitutional powers of disallowance and surcharge against unlawful expenditure. She announced the Ghana Audit Service will deploy an Audit Recommendations Tracker from October 2026 to publicly monitor audit recommendation implementation and recovery progress, noting that GH¢280.5 million in surcharges remained outstanding as of February 2026.

1 October 2026 · Joy Online →

Thursday 1 October

Auditor-General pledges surcharges, launches AI audit tracker
Dr Pamela Graham, Ghana's Auditor-General, vowed to fully exercise constitutional powers of disallowance and surcharge against unlawful expenditure. She announced the Ghana Audit Service will deploy an Audit Recommendations Tracker from October 2026 to publicly monitor audit recommendation implementation and recovery progress, noting that GH¢280.5 million in surcharges remained outstanding as of February 2026.
1 October 2026 · Joy Online →

Wednesday 30 September

Audit Service urged to enforce surcharges, modernize systems
Ghana's Audit Service has been urged to fully enforce disallowance and surcharge powers against financial offenders and modernize operations through digital and AI-enabled systems. According to figures from Auditor-General reports cited by Presidential Advisor Francis Dodoo, the country lost GH¢100 billion over the past six years through financial irregularities.
30 September 2026 · Joy Online →

Thursday 17 September

Accra-Kumasi Expressway first project scrutinized by Value for Money Office
The Finance Minister said the Value for Money Office will scrutinise the Accra-Kumasi Expressway project to ensure proper use of public funds and value delivery to taxpayers. He assured that all required construction funding would be available by December 31, 2026.
17 September 2026 · Joy Online →

Monday 14 September

PPI congratulates new Value for Money Office director
The Progressive Policy Institute Ghana has congratulated Dr Abdul-Baasit Aziz-Bamba on his appointment as Acting Director-General of the Value for Money Office, an institution established to strengthen scrutiny of public expenditure. PPI notes that Dr Aziz-Bamba's background as a Harvard-trained lawyer and former University of Ghana law lecturer positions him well for the role, and calls for the office to apply consistent standards across all political parties and institutions.
14 September 2026 · Joy Online →

Wednesday 9 September

President appoints Dr. Aziz-Bamba as acting Value for Money director
President John Dramani Mahama has appointed Dr. Abdul-Baasit Aziz-Bamba, a Harvard-trained lawyer and former Senior Lecturer at the University of Ghana School of Law, as Acting Director-General of the Value for Money Office, pending constitutionally required confirmation. The Office is mandated to scrutinise public spending and ensure expenditure serves the public good.
9 September 2026 · The Ghanaian Times →

Tuesday 8 September

Mahama appoints Dr Aziz-Bamba as acting Value for Money chief
President John Mahama has appointed Dr Abdul-Baasit Aziz-Bamba as Acting Director-General of the Value for Money Office, in accordance with the 1992 Constitution and the Value for Money Office Act, 2026. Dr Aziz-Bamba, a Harvard-trained lawyer and former Senior Lecturer at the University of Ghana School of Law, will serve pending receipt of constitutionally required advice from the Governing Board.
8 September 2026 · Joy Online →

Thursday 23 July

Finance Minister credits spending controls with economic recovery
Finance Minister Dr. Cassiel Ato Forson says the government's fiscal correction measures have reduced public expenditure and placed public debt on a sustainable path. Primary expenditure declined from 18.7 per cent of GDP in 2024 to 13.2 per cent in 2025, while the primary balance improved from a deficit of 2.9 per cent to a surplus of 2.5 per cent in 2025.
23 July 2026 · The Chronicle →
Government cuts spending, 2024 deficit shifts to 2025 surplus
The Finance Minister told Parliament that Ghana's fiscal correction programme reduced primary expenditure from 18.7% of GDP in 2024 to 13.2% in 2025, moving the primary balance from a 2.9% deficit in 2024 to a 2.5% surplus in 2025. Parliament also amended the Public Financial Management Act to institutionalize a binding fiscal rule requiring a minimum 1.5% primary surplus annually and a 45% debt-to-GDP ceiling by 2034.
23 July 2026 · Joy Online →

Thursday 25 June

VFM Act needs clear institutional process map to work
An analysis argues that while Ghana's new Value for Money Office Act addresses overpriced government contracts (estimated to cost USD 3 billion annually), the reform risks failing without a clear institutional process architecture defining when and with what authority each actor operates alongside existing procurement laws.
25 June 2026 · Business & Financial Times →

Tuesday 12 May

Opposition official commends Value for Money Office for public spending oversight
Hopeson Adorye, Director of Field Operations for the United Party, has praised the government's establishment of the Value for Money Office as a necessary step to strengthen accountability and reduce financial irregularities in public spending, though he questioned why the Auditor-General continues to report annual infractions despite existing procurement laws.
12 May 2026 · Joy Online →
Value for Money Office to launch January 2027
President Mahama has assented to the Value for Money Office Bill, which aims to address inflated contracts, abandoned projects, cost overruns, and wasteful public expenditure. The Finance Minister said all single source procurement will have to go through the Office, which will begin operations in January 2027.
12 May 2026 · Joy Online →

Monday 11 May

Value for Money law aims to cut inflated public contract costs
Ghana's Finance Minister says a newly enacted Value for Money law will reduce inflated public sector contract costs and strengthen accountability in government spending through a dedicated Value for Money Office that will assess projects before approval, with full implementation beginning January 2027.
11 May 2026 · Joy Online →
President Mahama signs Value for Money Office bill into law
President John Dramani Mahama has assented to the Value for Money Office Bill to curb inflated public sector contracts and strengthen accountability in public spending. Under the new law, all single-source procurement arrangements will be subjected to scrutiny by the proposed Value for Money Office to ensure the country obtains value for public funds spent.
11 May 2026 · Joy Online →