Ghana: The 2015 Mid-Year Budget Review [Occasional Paper 04]
July 31, 2015
Ghana – Impact of the Falling Crude Oil Prices [Occasional Paper 05]
August 31, 2015

FiscalAlert2: Ghana – Impact of the Falling Crude Oil Prices

No. 2: Ghana – Impact of the Falling Crude Oil Prices

This paper looks at the impact of the recent falling crude oil prices on Ghana’s economy. Oil production affects Ghana’s economic growth while revenues from oil exports and costs of oil imports affect the government budget and macroeconomic performance. Oil thus plays a complex role in Ghana and therefore a careful look at the implications of commodity’s price swing on the economy is very necessary.

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