Ghana has developed its Sustainable Development Goals (SDGs) Budget Report to show that financing for the SDGs are being tracked in tandem with the tenets of the Addis Ababa Action Agenda (AAAA) for implementing the SDGs.
Ghana is the second country after Mexico to produce this report, the primary objective of which is to ensure a more effective tracking of Ghana’s performance on the SDGs.
The Report is the starting point of a bi-annual series of SDG Budget Reports on allocation and actual spending to ensure that time and resources are channeled towards the 2030 deadline for meeting the SDGs.
The SDG Baseline Report is based on a comprehensive analysis of how the coding of the policy objective segment of the chart of accounts could better track SDG budget
allocations and serves as an annual performance wheel to ensure implementation of the SDGs in the Budget.
Ghana’s SDG Budget Report 2018, has however, called for a re-coding of the budget system from policy objectives to SDG targets to enable the tracking of all allocations to the SDGS.
In an address to launch the Report in Accra, yesterday, July 15, 2018, Mr Ken Ofori-Atta, Minister for Finance, said the Ministry of Finance (MoF), as a central Finance Agency, had a responsibility to ensure that its four-fold functions— Mobilization, Allocation, Disbursement and Accounting for funds were Agenda 2030 compliant.
This, Mr Ofori-Atta said, meant that MoF should ensure that the key outputs of the Budget Statement and Economic Policy were all linked to the SDGs targets and indicators.