Yaw Osafo Marfo

Mr Yaw Osafo Marfo, Senior Presidential Advisor, has asked the government to reconsider the introduction of the Fiscal Responsibility Act to tackle the election year budget overrun. The Parliament of Ghana suspended the implementation of the Act in 2020 due to the COVID-19 pandemic. The Fiscal Responsibility Act, 2018 (Act 982) charges the government to ensure that the overall fiscal balance on a cash basis for a particular year does not exceed a deficit of five percent of the gross domestic product for that year. He said elections in the country since the inception of the Fourth Republic Constitution were…