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Ghana

Fiscal Responsibility (GH0001)

Overview

At-a-Glance

Action Plan: Ghana Action Plan 2013-2014

Action Plan Cycle: 2013

Status: Inactive

Institutions

Lead Institution: Ministry of Finance and Economic Planning (MOFEP), Centre for Economic Policy Analysis (CEPA), Institute of Economic Affairs (IEA)

Support Institution(s): NA

Policy Areas

Legislation & Regulation, Oversight of Budget/Fiscal Policies, Public Participation

IRM Review

IRM Report: Ghana 2013-2014 End of Term Report

Starred: No

Early Results: Did Not Change

Design i

Verifiable: Yes

Relevant to OGP Values: Access to Information Civic Participation , Public Accountability

Potential Impact:

Implementation i

Completion:

Description

The Government of Ghana will, within the two-year period (2013 - 2014) take concrete action to strengthen the management of public expenditure by working closely with relevant stakeholders to introduce the appropriate legislation in the Ghana Parliament.
Towards this end, the Government will consistently work towards the passage of the Fiscal Responsibility Act that strengthens mechanisms for fiscal discipline and provides the citizenry with clear indicators to determine when the Government is veering off approved expenditures in a way that threatens fiscal stability. Fiscal responsibility legislation is critically necessary to reverse, for example, the trend of overspending associated with Ghana’s electoral cycle.
- Conduct a national consultation process with think-tanks, labour unions, private sector organizations on the necessity, content, limits, merits and demerits of a Fiscal Responsibility Act
-Finalize a report on the national consultation process
-Prepare and place a draft Fiscal Responsibility Bill for Cabinet approval
-Introduce Draft Bill in Parliament for debate and passage
-Educate the public on content and benefits of the Fiscal Responsibility Act

Ghana's Commitments

  1. Open Contracting and Contract Monitoring

    GH0020, 2017, Infrastructure & Transport

  2. Anti-Corruption Transparency

    GH0021, 2017, Anti-Corruption Institutions

  3. Beneficial Ownership

    GH0022, 2017, Beneficial Ownership

  4. Fiscal Transparency and Accountability

    GH0023, 2017, Fiscal Transparency

  5. Extractives Sector Transparency

    GH0024, 2017, Extractive Industries

  6. Right to Information

    GH0025, 2017, Legislation & Regulation

  7. Civic Participation and Accountability

    GH0026, 2017, Fiscal Transparency

  8. Technology and Innovation

    GH0027, 2017, Capacity Building

  9. Starred commitment Open Contracting

    GH0014, 2015, Anti-Corruption Institutions

  10. RTI

    GH0015, 2015, Right to Information

  11. Citizen’S Participation

    GH0016, 2015, Public Participation

  12. Fiscal Openness

    GH0017, 2015, Legislation & Regulation

  13. Starred commitment Revenue Management

    GH0018, 2015, Legislation & Regulation

  14. Open Data

    GH0019, 2015, Open Data

  15. Fiscal Responsibility

    GH0001, 2013, Legislation & Regulation

  16. Fiscal Transparency

    GH0002, 2013, Capacity Building

  17. Right to Information

    GH0003, 2013, Capacity Building

  18. Human Rights and Anti-Corruption

    GH0004, 2013, Anti-Corruption Institutions

  19. Extractive Sector Revenue Management

    GH0005, 2013, Extractive Industries

  20. Investment Oversight

    GH0006, 2013, Anti-Corruption Institutions

  21. Citizen Participation

    GH0007, 2013, Capacity Building

  22. Code of Conduct Bill

    GH0008, 2013, Asset Disclosure

  23. Audit Reports

    GH0009, 2013, Audits and Controls

  24. National Broadcasting

    GH0010, 2013, Civic Space

  25. e-Immigration

    GH0011, 2013, Citizenship and Immigration

  26. Financial Management

    GH0012, 2013, Citizenship and Immigration

  27. Starred commitment Policy Portal

    GH0013, 2013, Citizenship and Immigration