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.

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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
October 23, 2018

Strong Economic Growth And Significant Reduction In Unemployment: The Critical Issues To Address In Ghana’s 2019 Budget [6]

Policy Brief 6. Strong Economic Growth And Significant Reduction In Unemployment: The Critical Issues To Address In Ghana’s 2019 Budget

The Ghanaian economy has maintained virtually its “colonial structure” 60 years after independence as it still depends largely on cocoa, gold, timber and recently oil as the country’s main export commodities. Exported in raw and unprocessed form, these commodities fetch low prices on international markets where Ghana is a price taker, rendering the economy vulnerable to terms-of-trade shocks. The agriculture sector’s contribution to total output has been falling due to declining productivity. The manufacturing base of the economy has also been shrinking as many state-owned industries privatized years ago have closed down and many private businesses are suffocating under the weight of numerous obstacles. Services have emerged as the leading sector of the economy, but productivity and incomes are low in the sector. The combination of all these factors has slowed Ghana’s economic growth for the most part of the last two decades, with serious implications for job creation. This paper looks at how a strong and broad-based economic growth can be achieved to significantly create jobs in order to reduce unemployment in the country Read full paper
August 2, 2018

No.5: Integrity: The foundation for a Strong Financial Sector

Policy Brief 5. Integrity: The foundation for a Strong Financial Sector

The financial sector is a critical component for economic development in any country. It is the heart of any vital economy, contributing to prosperity and wealth creation through the provision of financial resources to support businesses, mobilizing savings, and accelerating commerce by facilitating payments and transfers. In this special policy brief, Hon. Dr. Kwabena Duffuor, the former Minister of Finance and Economic Planning discussed the importance of integrity in building a strong financial sector.