CDD-Ghana has drafted a model bill to regulate political party financing, aiming to strengthen Ghana’s multi-party democracy. The bill proposes establishing an independent electoral financing and enforcement authority, introducing expenditure ceilings for campaigns, and defining a clear campaign period. This move is in response to concerns about the growing influence of money in politics, with studies showing a significant increase in campaign expenditure, reaching GH¢4 million per candidate in 2020, with some funds coming from opaque sources.
Key provisions of the bill include:
– Expenditure Ceilings: Setting limits on campaign spending to reduce financial burdens and promote fairness.
– Independent Enforcement: Establishing an authority to oversee and enforce political financing regulations.
– Transparency: Promoting disclosure of funding sources to enhance accountability.
The draft bill has been submitted to the Attorney-General for consideration and is undergoing national consultations to gather feedback.
