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Optimizing Ghana’s Fiscal Rule

6 October 2017
Author
Aisha AdamDavid Mihalyi
Download
Optimizing Ghana Fiscal Rule (PDF 526.79 KB)
Topics
Legislation and regulationRevenue management
Countries
Ghana
Precepts
P1 P7 P8 What are Natural Resource Charter precepts?
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The vice president of Ghana, Dr. Mahamudu Bawumia, recently announced his government’s plans to restore fiscal sustainability in the country. The current proposal calls for a fiscal deficit target of 3 to 5 percent from 2018 onward. The government plans to commit to this target through binding fiscal rules and a set of amendments to the Public Financial Management Act.

This move by the new government toward greater fiscal discipline is laudable. But the proposal’s success depends on its details and how it is implemented. This NRGI policy brief sets out 11 recommendations to make the fiscal rule work for Ghana.

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  • Topics
    Beneficial ownership
    Civic space
    Commodity prices
    Contract transparency and monitoring
    Coronavirus
    Corruption
    Economic diversification
    Energy transition
    Gender
    Global initiatives
    Legislation and regulation
    Licensing and negotiation
    Mandatory payment disclosure
    Measurement of environmental and social impacts
    Measurement of governance
    Open data
    Revenue management
    Revenue sharing
    Sovereign wealth funds
    State-owned enterprises
    Subnational governance
    Tax policy and revenue collection
  • Approach
    • Stakeholders
    • Natural Resource Charter
    • Regional knowledge hubs
  • Priority
    Countries
    • Colombia
    • Dem. Rep. of Congo
    • Ghana
    • Guinea
    • Mexico
    • Mongolia
    • Nigeria
    • Peru
    • Senegal
    • Tanzania
    • Tunisia
    • Uganda
  • Learning
    • Training
    • Primers
  • Analysis & Tools
    • Publications
    • Tools
    • Economic models
  • About Us
    • What we do
    • NRGI impact
    • Board of Directors
    • Emeritus Board Members
    • Advisory Council
    • Leadership team
    • Experts and staff
    • Careers and opportunities
    • Grant-making
    • Financials
    • Privacy policy
    • Contact us
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