Finance ministers who supervise a budget deficit of more than 6% will
now be impeached from office by Parliament beginning the next fiscal
year.

This is according to the dictates of Fiscal Responsibility Bill,2018 which was passed by Parliament Saturday night.

The law seeks to cap budget deficits at a ceiling of 5%.

The move according to finance minister Ken Ofori-Atta is to engender
confidence in Ghana’s economy even as it exits the IMF program.

Ranking member for the Finance Committee Cassiel Ato Forson argued
provision in the law which gives Parliament the powers to impeach the
finance minister when the 5% cap is exceeded by 1% may also be  extended
to the President and other ministers.

The House also passed the appropriation bill before rising for the Christmas break.