Parliament secures £800,000 World Bank support to train MPs on economic oversight.
Ghana’s Parliament has secured £800,000 in support from the World Bank, facilitated through the UK’s Foreign, Commonwealth and Development Office (FCDO), to train lawmakers in economic and financial oversight.
Damian Owusu 
Ghana’s Parliament has secured £800,000 in support from the World Bank, facilitated through the UK’s Foreign, Commonwealth and Development Office (FCDO), to train lawmakers in economic and financial oversight.
The initiative, titled Building the Capacity of Parliamentarians for Economic and Financial Governance, was officially launched on June 18, 2025. Spanning 18 months, the programme aims to equip Members of Parliament—particularly newly elected ones—with technical knowledge in macroeconomic management, taxation, budgeting, and public financial oversight.
Speaker of Parliament Alban Bagbin, who spearheaded the launch, underscored the importance of the project in promoting transparency and prudent public resource management. “This programme will empower lawmakers to better scrutinize economic policies, demand accountability, and ensure public funds serve the people,” he noted.
The initiative will deliver technical assistance, develop handbooks and toolkits, and support peer learning across parliamentary committees, including Finance, Budget, Economy and Development, Assurances, and Public Accounts. It also aims to foster stronger collaboration between MPs, civil society actors, and the media to reinforce participatory governance.
The World Bank and UK High Commission reaffirmed their support for Ghana’s democratic institutions, emphasizing that informed legislative oversight is key to economic resilience and trust in government.
As Ghana navigates fiscal challenges and debt restructuring, this training is expected to enhance Parliament’s capacity to evaluate policy reforms, oversee resource allocation, and better represent constituents in national economic discourse.
