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
Fiscal Openness, Legislation & Regulation, Oversight of Budget/Fiscal Policies, Public ParticipationIRM Review
IRM Report: Ghana 2013-2014 End of Term Report, Ghana Progress Report 2013-2014
Starred: No
Early Results: Did Not Change
Design i
Verifiable: Yes
Relevant to OGP Values: Access to Information , Civic Participation , Public Accountability
Implementation i
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
Commitments
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Open Contracting and Contract Monitoring
GH0020, 2017, Anti-Corruption
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Anti-Corruption Transparency
GH0021, 2017, Anti-Corruption
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Beneficial Ownership
GH0022, 2017, Anti-Corruption
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Fiscal Transparency and Accountability
GH0023, 2017, Fiscal Openness
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Extractives Sector Transparency
GH0024, 2017, Anti-Corruption
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Right to Information
GH0025, 2017, Access to Information
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Civic Participation and Accountability
GH0026, 2017, Fiscal Openness
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Technology and Innovation
GH0027, 2017, Access to Information
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Open Contracting
GH0014, 2015, Anti-Corruption
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RTI
GH0015, 2015, Access to Information
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Citizen’S Participation
GH0016, 2015, Public Participation
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Fiscal Openness
GH0017, 2015, Legislation & Regulation
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Revenue Management
GH0018, 2015, Legislation & Regulation
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Open Data
GH0019, 2015, Access to Information
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Fiscal Responsibility
GH0001, 2013, Fiscal Openness
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Fiscal Transparency
GH0002, 2013, Capacity Building
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Right to Information
GH0003, 2013, Access to Information
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Human Rights and Anti-Corruption
GH0004, 2013, Anti-Corruption
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Extractive Sector Revenue Management
GH0005, 2013, Anti-Corruption
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Investment Oversight
GH0006, 2013, Anti-Corruption
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Citizen Participation
GH0007, 2013, Capacity Building
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Code of Conduct Bill
GH0008, 2013, Anti-Corruption
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Audit Reports
GH0009, 2013, Anti-Corruption
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National Broadcasting
GH0010, 2013, Civic Space
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e-Immigration
GH0011, 2013, Access to Information
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Financial Management
GH0012, 2013, Access to Information
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Policy Portal
GH0013, 2013, Access to Information