Institute of Economic Affairs, Ghana
IEA Economic Governance & Performance Framework

Fiscal Rules

Track Ghana’s statutory and policy fiscal rules, current evidence and IEA compliance assessment.

Barometer›Fiscal Rules
Fiscal Discipline

Rules, anchors and compliance evidence

Every status is recalculated from the exact evidence contained in the latest published assessment. In-year positions are not presented as final annual legal breaches.

2Active rules0Compliant in published assessment
At RiskSection 2A(a)

Annual Primary Balance Rule

Ghana shall maintain an annual positive primary balance on commitment basis of at least 1.5 percent of GDP.

Observed
1.40%
Requirement
>= 1.5%
Evidence period
Jan-Jul 2026 (commitment, cumulative)

In-year monitoring position; annual legal compliance is not final until the year-end outturn.

At RiskSection 2A(b)

Public Debt-to-GDP Anchor

Ghana shall achieve a public debt-to-GDP ratio of 45 percent or lower by 2034.

Observed
45.90%
Requirement
<= 45%
Evidence period
July 2026

Monitoring position against a future-dated target using the published assessment evidence.