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Ghana

Fiscal Transparency and Accountability (GH0023)

Overview

At-a-Glance

Action Plan: Ghana Action Plan 2017-2019

Action Plan Cycle: 2017

Status: Active

Institutions

Lead Institution: Ministry of Finance and Office of the President

Support Institution(s): CBA Ghana, IEA, Centre for Democratic Development andSEND Ghana.

Policy Areas

Fiscal Transparency, Legislation & Regulation, Oversight of Budget/Fiscal Policies

IRM Review

IRM Report: Pending IRM Review

Starred: Pending IRM Review

Early Results: Pending IRM Review

Design i

Verifiable: Pending IRM Review

Relevant to OGP Values: Not Relevant

Potential Impact: Pending IRM Review

Implementation i

Completion: Pending IRM Review

Description

What is the public problem that the commitment will address?: There has been the tendency for successive governments to overspend and over borrow money, therefore creating imbalance in the management of the economy. There is the need to manage public expenditure to avoid budget overruns especially in a manner that endangers national fiscal stability. Gradually, it is becoming incumbent on government to set limits for budget deficits and government borrowing.; What is the commitment?: The commitment will ensure the government makes available to the public information on fiscal deficits, government’s borrowing and debt management; establish an independent body to advice government on issues of fiscal responsibility; and, improve reporting on budget implementation by incorporating non-financial information.; How will the commitment contribute to solve the public problem?: The commitment will enable citizens to know how the national debt is being managed. An independent body (a Fiscal Council) can advise government on issues of fiscal responsibility. Citizens will not only have access to financial information on budget implementation but also non-financial information. By having detailed information on budget implementation, citizens can engage meaningfully on issues regarding budgets.; Why is this commitment relevant to OGP values?: By providing key information on budget implementation, this commitment will help improve quality of the information disclosed as well as creating opportunities for the public to influence fiscal policy decisions.


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