The Fiscal Responsibility Act and the establishment of the Fiscal Council may not prevent the usual overspending that characterizes an election year, Dr Lord Mensah, an Economist, has said.
Dr Mensah, who is a Senior Lecturer at the Department of Finance at the University of Ghana Business School, said history shows that election years have always experienced an increase in government expenditure.
He said although the Act and the Council have been put in place, this was likely not to stem the risk of overspending.
