Public Sector M&E, Planning and Budgeting Systems in the Republic of Ghana
April 2023 One of the most important activities that is carried out by governments and public sector institutions is budgeting. It is through budgeting that the scarce resources of a country are allocated to every sector of an economy. The claim by the British economist Lionel Robbins in 1932 - “human wants are …
BUDGETING SYSTEMS IN THE REPUBLIC
OF GHANA
A Review of Literature
APRIL 2023
Ghana’s development planning system has evolved over time. It has progressed from a purely
centralized and administrative process, without the participation of the masses, to a more
democratic and inclusive process that involves the participation of a critical mass of the
citizenry (Botchie, 2000).
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BY : KWAME OBENG NTI, PhD
April 2023
One of the most important activities that is carried out by governments and public sector institutions is budgeting. It is through budgeting that the scarce resources of a country are allocated to every sector of an economy. The claim by the British economist Lionel Robbins in 1932 - “human wants are unlimited but the means to satisfy them are limited relatively”- calls for the use of efficient management tools that will ensure the optimal use of the limited resources. One of the tools that government can use for this purpose is the budget. Governments therefore prepare budgets to drive the overall development objectives of their economies (Lawyer & Nigeria, 2013). Public sector budgeting is, therefore, very important for national development and has been used by governments in developing countries, including Ghana, as the major instrument for the mobilization of the needed resources to fund development project and programmes.
Report NamePublic Sector M&E, Planning and Budgeting Systems in the Republic of GhanaAuthorDr Kwame Obeng NTIPartnerMES Categories Share