2016-2018 Budget Guidelines - Republic of Ghana - Preparation of the 2016 Budget Statement and Economic Policy

Sep 12, 2026

2016-2018 Budget Guidelines sets out procedures for preparing Ghana’s 2016 budget statement and economic policy through clear instructions for Ministries, Departments and Agencies (MDAs) and Metropolitan, Municipal and District Assemblies (MMDAs). The guidance links budget preparation to constitutional and Financial Administration Regulations, and aligns it with the 2014-2017 S/DMTDP and GSGDA II. It covers medium-term fiscal and expenditure frameworks, revenue budgeting, indicative ceilings, classification and chart of accounts, and the preparation process and templates supporting submissions.

LanguageEnglish

CategoryPresentations

FormatPDF

Pages136

Reading Time48 min

AccessFree to download

Introduction

Ghana Shared Growth and Development Agenda (GSGDA II), 2014-2017

Medium Term Fiscal Framework

Medium Term Expenditure Framework

The Revenue Budget

MDA, MMDA Indicative Ceilings for the Medium Term

Budget Classification and Chart of Accounts

Process for Preparing the 2016-2018 Budget Estimates by MDAs

Other Budget Preparation Issues

Preparation of 2016-2018 Budget Estimates by MMDAs

Conclusion

Appendix 1: MDA Indicative Ceilings 2016-2018

Appendix 2: Chart of Accounts

Appendix 6: Template for Budget Proposal

2016-2018 BUDGET GUIDELINES REPUBLIC OF GHANA Prepared and Issued by Ministry of Finance June, 2015 2016-2018 BUDGET GUIDELINES FOR THE PREPARATION OF THE 2016 BUDGET STATEMENT AND ECONOMIC POLICY OF GHANA ACRONYMS AND ABBREVIATIONS AAP Annual Action Plan CoA Chart of Accounts DACF District Assemblies Common Fund DDF District Development Facility EPVS E-Payment Voucher System G&S Goods and services GFS Government Finance Statistics GIFMIS Ghana Integrated Financial Management Information System GoG Government of Ghana GSGDA Ghana Shared Growth and Development Agenda II L.I. Legislative Instrument MDAs Ministries, Departments and Agencies MMDAs Metropolitan, Municipal and District Assemblies MMDCEs Metropolitan, Municipal and District Chief Executives MOF Ministry of Finance MTEF Medium Term Expenditure Framework NTR/IGFs Non-Tax Revenue/ Internally Generated Funds PBB Programme Based Budgeting PBWGs Programme Budget Working Groups S/DMTDP Sector/District Medium Term Development Plan UDG Urban Development Grant TABLE OF CONTENTS ACRONYMS AND ABBREVIATIONS .....................................................................................ii LIST OF TABLES ........................................................................................................................ v 1. INTRODUCTION ............................................................................................................... 1 2. GHANA SHARED GROWTH AND DEVELOPMENT AGENDA (GSGDA II), 2014- 2017...................................................................................................................................... 2 3. MEDIUM TERM FISCAL FRAMEWORK .......................................................................3 4. MEDIUM TERM EXPENDITURE FRAMEWORK .........................................................4 5. THE REVENUE BUDGET ................................................................................................. 5 6. MDA, MMDA INDICATIVE CEILINGS FOR THE MEDIUM TERM...........................6 7. BUDGET CLASSIFICATION AND CHART OF ACCOUNTS .......................................6 8. PROCESS FOR PREPARING THE 2016-2018 BUDGET ESTIMATES BY MDAs ......7 9 OTHER BUDGET PREPARATION ISSUES .................................................................. 13 10 PREPARATION OF 2016-2018 BUDGET ESTIMATES BY MMDAs ......................... 17 11 CONCLUSION .................................................................................................................. 19 APPENDIX 1: MDA INDICATIVE CEILINGS 2016-2018.....................................................20 APPENDIX 2: CHART OF ACCOUNTS .................................................................................24 APPENDIX 3: STANDARDIZED OPERATIONS AND PROJECTS .....................................95 APPENDIX 4: TIME-TABLE FOR 2016-2018 BUDGET PREPARATION PRODUCTION WORKSHOP ................................................................................................................... 105 APPENDIX 5: TIME-TABLE FOR 2016-2018 TECHNICAL HEARING ............................ 107 APPENDIX 6: TEMPLATE FOR BUDGET PROPOSAL ..................................................... 108 APPENDIX 7: TEMPLATE FOR OUTSTANDING COMMITMENTS /ARREARS ........... 111 APPENDIX 8: PAYROLL DATA FOR COMPENSATION OF EMPLOYEES ................... 112 APPENDIX 9: DEVELOPMENT PARTNER PROJECTS –.................................................. 113 APPENDIX 10: MMDA INDICATIVE CEILINGS-TENTATIVE ...................................... 122 APPENDIX 11: NON-TAX REVENUE COLLECTION........................................................ 126 APPENDIX 12: DATA ON CONTRACTS AND PROJECTS ............................................... 129 LIST OF TABLES Table 1: Resource Allocation for 2016 and the Medium Term ....................................................4 Table 2: MDAs Allocation for

FAQs

Who should use the 2016-2018 Budget Guidelines in Ghana?

The guidelines target MDAs and MMDAs responsible for preparing budget proposals and estimates for the 2016-2018 medium term, including budget committees and spending officers.

What core plans and frameworks should guide the budget preparation?

Budget preparation should follow the 2014-2017 Sector/District Medium Term Development Plan and the Ghana Shared Growth and Development Agenda (GSGDA II), alongside the medium term fiscal and expenditure frameworks.

How do MDAs and MMDAs differ in how their budgets are prepared?

MDAs prepare budgets in Programme Based format, while MMDAs prepare budgets in Activity Based format.

Sep 12, 2026

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