Value for Money Office — Ghanaian institution established to scrutinize public expenditure and assess government contracts before approval, launched January 2027.
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. …
… 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. …
… 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 …
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 …
… Dr Forson explained that the law establishes a dedicated Value for Money Office, which will be responsible for assessing government projects and evaluating whether contracts offer reasonable value before they are approved and executed. …
President John Dramani Mahama has assented to the Value for Money Office Bill, marking a major step in the government’s efforts to curb inflated public sector contracts and strengthen accountability in public spending. …
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.