Nearly half of Ghana’s MMDAs fall below minimum public financial management standards – World Bank
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The World Bank reports that nearly half of Ghana's MMDAs do not meet minimum public financial management standards. Some improvements in local financial management have been made. However, the bank notes that several challenges remain. These include issues with internal audits and financial reporting. There are also ongoing problems with implementing audit recommendations.
The bank says that despite some improvements in financial management at the local level, challenges with financial reporting, internal audits, and the implementation of audit recommendations persist.