Project News Details
Title:
Ghana - Fiscal consolidation and economic recovery program (FISCERP)
Detail:
This intervention concerns the Fiscal Consolidation and Economic Recovery Program (FISCERP). It is a multi-sector program supporting the Government’s reforms geared towards improving public financial management, strengthening the financial sector and supporting the agricultural sector, which will contribute to addressing important challenges related to fiscal consolidation and economic recovery. Gender, environment, and climate change are mainstreamed in these priority sectors. Measures supported by this PBO such as bringing IGFs on GIFMIS and rolling out GHANEPS will support enhancing commitment controls and therefore also the much-needed fiscal discipline. The expected outputs are: (i) improved domestic revenue mobilization; (ii) increased transparency and efficiency in the management of public resources; (iii) developed financial sector; and (iv) strengthened sustainable agriculture sector management. Gender and climate change measures are mainstreamed in these outputs. The key outcomes of the Program are (i) fiscal consolidation and transparent management of public resources; (ii) economic recovery and inclusive green growth. The project contributes to climate finance, with 26 million USD of the total approved amount dedicated to mitigation.
Country:
Source:
African Development Bank Group
Published Date:
30.10.2023
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