Overview

At-a-Glance

Action Plan: Ghana Action Plan 2021-2023

Action Plan Cycle: 2021

Status:

Institutions

Lead Institution: State Interests and Governance Authority (SIGA)

Support Institution(s): State actors involved Ministry of Finance CSOs, private sector, multilaterals, working groups Centre for Budget Advocacy Institute for Fiscal Studies (IFS) Ghana Anti-Corruption Coalition (GACC), Ghana Integrity Initiative (GII) Institute for Democratic Governance (IDEG),

Policy Areas

Fiscal Openness, Publication of Budget/Fiscal Information

IRM Review

IRM Report: Pending IRM Review

Early Results: Pending IRM Review

Design i

Verifiable: Yes

Relevant to OGP Values: Yes

Ambition (see definition): Low

Implementation i

Completion: Pending IRM Review

Description

Problem to be addressed  Difficulty of tracking all entities in the state ownership portfolio  The state has invested the taxpayer’s resources in some 86 entities. Not all were submitting regular reports as required by law. In 2019 SIGA was established to exercise oversight of all these.

The commitment  The commitment is for SIGA to publish by December 2022 the register of specified entities in which the state has interest.  Publish evaluation reports;  Develop code of corporate governance. Contribution of commitment to solving problem ● Commitment will make it difficult for entities in which public resource has been invested to evade public scrutiny and accountability.

Relevance of commitment to OGP values  Commitment will change the way in which entities in which the state has invested huge amounts will be held accountable under a new framework.

Additional information

Milestone Activity with a verifiable deliverable Start Date: End Date:  Register of entities in which state has interest published by December 2022 Nov. 2021 June 2023  Evaluation reports of public entities published by January 2023 Jan. 2022 June. 2023  Code of corporate governance developed January 2023 Jan.2022 June. 2023

IRM Midterm Status Summary

Action Plan Review

Commitment 7. Open and Transparent Tracking of Public Investments

● Verifiable: Yes

● Does it have an open government lens? Yes

● Potential for results: Modest

Open and Transparent Tracking of Public Investments (GH0034)