The Member of Parliament for Ohene Kwame Frimpong, representing Asante Akim North, has initiated a private member’s bill seeking to amend Ghana’s Political Parties Act, 2000 (Act 574), to introduce a comprehensive campaign financing regime.

The proposed amendment aims to regulate the raising and use of funds by political parties and candidates during election campaigns. 

It is also expected to establish clear rules governing donations, disclosure requirements and spending limits to promote transparency and accountability in Ghana’s political financing system.

According to the lawmaker, the bill is intended to strengthen democratic governance by ensuring that political competition is conducted on a fair and transparent basis. 

The initiative also seeks to address concerns about the influence of unregulated money in politics and the potential risks it poses to electoral integrity.

If passed, the amendment would introduce a structured framework for monitoring and reporting campaign finances by political parties and candidates. 

The regime is expected to outline the roles of relevant state institutions in supervising compliance and enforcing the new regulations.

The private member’s bill is expected to be presented to the Parliament of Ghana for consideration, where lawmakers will debate its provisions before deciding whether to approve the proposed changes to the existing law.