Fiscal Council

Independent body mandated to promote fiscal discipline and monitor budget implementation, chaired by Dr Emmanuel Oteng Kumah.

2026-04-282026-11-06

News reports

Order a long-term news report on Fiscal Council

Every mention in the Ghanaian press over the period you choose, compiled as a PDF or Word document.

In coverage

Verbatim sentences from the source article.

November 2026
5 NovJoy Online
… It added that work is advancing on reforming the Bank of Ghana’s liquidity management framework, rolling out the Integrated Tax Administration System, operationalizing the Fiscal Council, and preparing the Fiscal Risk Statement. …
Ghana remains exposed to volatility in gold, cocoa and oil prices; domestic risks also persist – IMF
5 NovJoy Online
… Work continues on the Integrated Tax Administration System, the Fiscal Council and the Fiscal Risk Statement. …
IMF flags delayed ECG collection accounts audit, urges timely reforms
5 NovJoy Online
… It also highlighted progress in rolling out the Integrated Tax Administration System, operationalising the Fiscal Council and preparing the Fiscal Risk Statement. …
Ghana meets most PCI targets, but risks remain – IMF
October 2026
31 OctJoy Online
… Independent scrutiny by the Fiscal Council would help establish confidence in those choices. …
From stability to transformation: 5 tests for Ghana’s 2027 Budget
August 2026
29 AugJoy Online
Parliament has approved five members nominated to serve on the Fiscal Council as part of government’s efforts to strengthen the country’s fiscal management and economic governance framework. …
5 Fiscal Council members cleared
26 AugJoy Online
… Darku also urged stronger enforcement powers for the Fiscal Council and measures to ensure that reductions in the monetary policy rate translated into lower lending rates for businesses and the private sector.
GH¢1.7bn GoldBod loss misconstrued – IEA
July 2026
23 JulThe Chronicle
… Additionally, he said the government had established a Fiscal Council to strengthen fiscal oversight, transparency and accountability, while a comprehensive audit of government payables had been undertaken to eliminate irregular obligations. …
Ato Forson: Spending Controls Driving Economic Recovery
23 JulJoy Online
… Dr Forson listed a series of accompanying institutional reforms: the establishment of a Value for Money Office to strengthen expenditure efficiency, the creation of a Fiscal Council for oversight and transparency, a comprehensive audit of government payables, and amendments to th …
Government slashes public spending, turns 2024 deficit into 2.5% Primary surplus — Finance Minister
May 2026
6 MayJoy Online
… In Ghana, a recently established five-member Fiscal Council, whose members were nominated by the President, is composed entirely of men. …
Flying with two wings: Africa’s opportunity to strengthen economic governance
April 2026
28 AprJoy Online
… In Ghana, a recently established five-member Fiscal Council, whose members were nominated by the President, is composed entirely of men. …
“Flying with two wings”: Africa’s opportunity to strengthen economic governance

Business

Ghana exposed to gold, cocoa, oil price volatility, IMF warns

The News

The IMF, reviewing Ghana's first Policy Coordination Instrument, warned that Ghana remains vulnerable to price swings in gold, cocoa, and oil, as well as geopolitical tensions and tighter global financial conditions. The IMF also flagged domestic risks including significant debt rollover needs and financial sector weaknesses, while noting that most quantitative targets under the review have been met.

19 hours ago · Joy Online →

Yesterday

Ghana exposed to gold, cocoa, oil price volatility, IMF warns
The IMF, reviewing Ghana's first Policy Coordination Instrument, warned that Ghana remains vulnerable to price swings in gold, cocoa, and oil, as well as geopolitical tensions and tighter global financial conditions. The IMF also flagged domestic risks including significant debt rollover needs and financial sector weaknesses, while noting that most quantitative targets under the review have been met.
19 hours ago · Joy Online →
IMF flags delayed ECG audit, urges Ghana's timely reforms
The International Monetary Fund has flagged Ghana's delayed publication of an audit of the Electricity Company of Ghana's collection accounts and urged the government to complete outstanding reforms on time. The IMF mission chief said completing the delayed audit publication would be important alongside other structural reforms the country is undertaking.
21 hours ago · Joy Online →
IMF: Ghana meets most PCI targets amid economic vulnerabilities
The International Monetary Fund assessed Ghana's performance under its Policy Coordination Instrument programme as broadly satisfactory, with most quantitative targets met, though it warned that external vulnerabilities and pressures in key sectors continued to threaten economic stability. The IMF noted progress on structural reforms including publication of a Fiscal Strategy Document, parliamentary approval of a new Cocoa Board Act, and completion of a customs and excise legislation review.
21 hours ago · Joy Online →

Saturday 31 October

Five tests for Ghana's 2027 budget transforming stability into growth
Ghana is preparing a 2027 budget that aims to convert economic stability into jobs, investment and higher production while managing debt repayments. The budget must demonstrate how it will finance a "New Economy" programme of US$10 billion in investment and link its promises to concrete financing and measurable results.
31 October 2026 · Joy Online →

Saturday 29 August

Parliament approves five members for Fiscal Council
Parliament has approved five members nominated to serve on the Fiscal Council, which is mandated to promote fiscal discipline, strengthen financial oversight, and provide independent expert analysis to support sound decision-making in public financial management. Chaired by Dr Emmanuel Oteng Kumah, the council is expected to monitor implementation of the national budget and ensure government expenditure remains within sustainable limits.
29 August 2026 · Joy Online →

Wednesday 26 August

IEA disputes characterization of GH¢1.7bn GoldBod loss figure
The Institute of Economic Affairs has contested the attribution of a GH¢1.7 billion loss to the Ghana Gold Board, arguing that the figure largely comprises service fees, assaying fees, and foreign-exchange valuation differences rather than an actual loss to the institution.
26 August 2026 · Joy Online →

Thursday 23 July

Finance Minister credits spending controls with economic recovery
Finance Minister Dr. Cassiel Ato Forson says the government's fiscal correction measures have reduced public expenditure and placed public debt on a sustainable path. Primary expenditure declined from 18.7 per cent of GDP in 2024 to 13.2 per cent in 2025, while the primary balance improved from a deficit of 2.9 per cent to a surplus of 2.5 per cent in 2025.
23 July 2026 · The Chronicle →
Government cuts spending, 2024 deficit shifts to 2025 surplus
The Finance Minister told Parliament that Ghana's fiscal correction programme reduced primary expenditure from 18.7% of GDP in 2024 to 13.2% in 2025, moving the primary balance from a 2.9% deficit in 2024 to a 2.5% surplus in 2025. Parliament also amended the Public Financial Management Act to institutionalize a binding fiscal rule requiring a minimum 1.5% primary surplus annually and a 45% debt-to-GDP ceiling by 2034.
23 July 2026 · Joy Online →

Wednesday 6 May

Africa must strengthen women's leadership in economic governance
Economic governance institutions across Africa face complex challenges including debt, climate shocks, and technological disruption, yet systematically underutilize women leaders—an institutional performance gap that limits institutional capacity. A Women in Economic Governance Initiative is proposed to help convert talent into authority and strengthen leadership systems in African economic policymaking.
6 May 2026 · Joy Online →

Tuesday 28 April

Africa must strengthen women's leadership in economic governance
Elsie Addo Awadzi, a former Deputy Governor at the Bank of Ghana, argues that African governments face increasingly complex economic challenges and cannot perform optimally while underutilizing women leaders in finance ministries, central banks, and financial regulators. She proposes a Women in Economic Governance Initiative, framing expanded female leadership as essential institutional capacity rather than merely a fairness issue.
28 April 2026 · Joy Online →
Africa must strengthen women's leadership in economic institutions
Elsie Addo Awadzi, former Deputy Governor at the Bank of Ghana, argues that underutilizing women leaders in Africa's finance and economic institutions constrains institutional performance and policy quality. She proposes a Women in Economic Governance Initiative to address this constraint as governments face complex economic challenges including debt, climate shocks, and geopolitical fragmentation.
28 April 2026 · Joy Online →