Ghana National Petroleum Corporation (GNPC), the national oil company, receives close to one-third of the total petroleum revenues of Ghana, placing it at the core of the country’s aspirations towards effective management
of its hydrocarbon resources. This policy brief presents the findings of a study which assessed transparency and efficiency in the management of the petroleum revenue allocated to GNPC.

Click here to read the full report.

September 25, 2019

Assessing the management of Ghana National Petroleum Corporation (GNPC) revenue [Policy Brief No. 8]

Ghana National Petroleum Corporation (GNPC), the national oil company, receives close to one-third of the total petroleum revenues of Ghana, placing it at the core of the country’s aspirations towards effective management of its hydrocarbon resources. This policy brief presents the findings of a study which assessed transparency and efficiency in the management of the petroleum revenue allocated to GNPC.... Read more
September 25, 2019

Assessing the management of Ghana Petroleum Funds [Policy Brief No. 7]

Ghana’s Petroleum Revenue Management Act (PRMA) requires a portion of petroleum revenues to be set aside in the Ghana Petroleum Funds (GPFs) for saving and investment. This policy brief presents the findings of a study which assessed transparency and efficiency in the management of the GPFs. To read the full report, ... Read more
September 25, 2019

Assessing management of the Ghana Petroleum Fund and Ghana National Petroleum Corporation (GNPC) Revenue [Occasional Paper No. 21]

Since Ghana became a producer and exporter of oil in the late 2010, there has been strong public interest in the management of petroleum revenues accruing to the government, as it is believed that to make the revenues transformative demands their transparent and effective management. This report assess transparency and efficiency in the management of these revenues and offers recommendations... Read more
September 24, 2019

IFS attends 4th African Network of Parliamentary Budget Officers Conference

A team from the Institute for Fiscal Studies (IFS Ghana) has attended the 4th African Network of Parliamentary Budget Officers (AN-PBO) C0nference, dubbed The Role of African Parliaments in Fiscal Oversight: Contributing to the African Union 2063 Development Agenda, which was held from 9th to 12th September 2019, at the Parliament of Ghana. The team presented on the topic Understanding Economic and Fiscal Forecast: Key Elements to Consider, led by Mr. Leslie Mensah, an Economist and Research Fellow at the Institute. The presentation sought to explore tools and approaches that may be used by Parliamentary Budget Officers to verify economic outlooks, including fiscal risks (inflation, exchange rates, etc.)