Ghana has been ranked 2nd in Sub-Saharan Africa by the World Bank in an Open Budget Survey.
The country’s score of 53% follows South Africa which is ranked first in the region with a score of 85%.
The World Bank in its World Development Report said Ghana was doing better in the Open Budget Survey than almost all the countries in the region.
However, there is more room for improvement to bridge the gap with South Africa.
Therefore the Bretton Wood institution says the government must improve its pre-budget statements, macroeconomic forecasts underpinning budget projections as well as government policies guiding estimates of expenditure and revenue. Others include estimates on government borrowing and debt, as well as estimates of government expenditure for a multi-year period of two years after the implementation of the budget.
The World Bank further urged Sub-Saharan African countries to present further information on new borrowing, total debt outstanding at the end of the year and projected interest spending in the enacted budget document.
Moreover, the executive could strengthen its engagement with the public during the budget process, particularly regarding the dissemination of the citizens’ budget.
Botswana and Rwanda performed somewhat less well overall on the Open Budget Survey (OBS) (International Budget Partnership 2020) than several other sub-Saharan African countries. Based on these countries’ comparative scores on the OBS’s very detailed questionnaire, there was scope for Botswana and Rwanda to further improve the information presented in the budget document.
Meanwhile, Namibia placed 3rd with a score of about 50%.
COUNTRY | SCORE (%) | RANKING |
South Africa | 85 | 1st |
Ghana | 53 | 2nd |
Namibia | 50 | 3rd |
Kenya | 49.5 | 4th |
Benin | 49 | 5th |
Zimbabwe | 48 | 6th |
Senegal | 45 | 7th |
Mozambique | 43 | 8th |
Sierra Leone | 39 | 9th |
Rwanda | 39 | 10th |
Liberia | 38.5 | 11th |
Mali | 38 | 12th |
Botswana | 38 | 13th |
Latest Stories
-
Tesla executives questioned Musk after he denied killing $25,000 EV project, sources say
47 minutes -
Oreo maker sues Aldi in US over ‘copycat’ packaging
57 minutes -
US steel and aluminium tariffs doubled to 50%
1 hour -
Ghana’s legal education debate: Are we expecting too much too soon?
1 hour -
Alcaraz storms through to semi-final with Musetti
2 hours -
Black Queens wrap up Abidjan training tour with defeat to Côte d’Ivoire
2 hours -
Inzaghi leaves Inter Milan ‘by mutual agreement’
2 hours -
‘Man Utd didn’t need the money’ – Fernandes rejects Al-Hilal move
2 hours -
Cybercrime ringleader, 10 others remanded in custody
2 hours -
Gov’t to expand student loans to all tertiary institutions – Education Minister
2 hours -
WaterAid Ghana, Guinness Ghana commission water project in Upper West Region
2 hours -
Energy levy: ‘You can’t continue pouring water into a leaking bucket’ – COPEC warns
2 hours -
Rising Star: Yvonne Dadson’s groundbreaking research earns international recognition
2 hours -
Suicide bomber killed in Uganda on Christian holy day, army says
2 hours -
Journalists urged to champion nutrition and public health advocacy
3 hours