The Controller and Accountant-General, Kwasi Agyei, has announced that all government institutions will be fully migrated onto secure electronic payment systems by the first quarter of 2026 as part of efforts to enhance transparency and efficiency in public financial management.

Speaking at a consultative meeting in Accra with managing directors of commercial banks on the rollout of the Ghana Integrated Financial Management Information System (GIFMIS) and the Ghana Interbank Payment and Settlement Systems (GhIPSS) Electronic Funds Transfer (EFT) initiative on Thursday, November 20, 2025, Mr Agyei highlighted persistent challenges associated with the continued use of manual cheques in ministries, departments, agencies (MDAs), and local government authorities, despite the Public Financial Management Act (Act 921) establishing GIFMIS as the approved system for managing public funds.

He noted that manual cheque transactions exposed government funds to fraud risks, complicated reconciliation, and created operational inefficiencies.

“Failure to use the GIFMIS platform undermines integrity and transparency in financial management and affects the timely generation of financial reports for decision-making and preparation of the national accounts,” he stressed.

He emphasised that achieving the 2026 deadline would significantly enhance accountability, promote efficiency, and increase public confidence in government financial operations.

The Controller and Accountant-General’s Department (CAGD) announced that sensitisation and training programmes for government agencies would continue ahead of the system’s full rollout.