i) Consolidated Fund of Ghana
Common Size Statement of Financial Position as at 31 December

ii) Report
Analysis of The Consolidated Fund of Statement of Financial Position

Introduction:
Based on the computation above, the following analysis can be drawn.

Analysis and Discussion:
In the case of assets, as shown with the computation above, it can be observed that Property, Plant, and Equipment (PPE) as well as Financial Assets are the major assets of the Government in the years 2021 and 2022. These two assets represent 86.90% and 85.66% of the total assets in 2021 and 2022 respectively. It can be seen that the government’s investment in both assets slightly decreased in the year 2022.

Government investment in inventories represents a smaller proportion of the entire assets in these years.

The cash balance in relation to total assets of the government slightly increased from 11.53% in relation to total assets in 2021 to 11.96% in relation to total assets in 2022. This could mean the government used portions of Bank and cash Balance in acquiring some PPE and Equity Investment in 2021, which yielded some profits in 2022.

On the side of liabilities, Domestic and External Loans continue to represent a greater proportion of Government Liabilities. They represent 71.33% and 67.55% in relation to total assets of 2021 and 2022 respectively. In 2022, the government’s Public Debt decreased, probably due to some loans maturing and being settled.

Short-term payables increased from 12.76% in relation to total assets in 2021 to 17.24% in relation to total assets in 2022. This could imply that the government did not honor a greater proportion of its obligations in 2022.

Conclusion:
In conclusion, the Consolidated Fund Statement of Financial Position appears stable from 2021 to 2022, but the government needs to strategize to settle the significant Public Debt it has incurred in 2022, in order to reduce its interest payment burden in the future.