Ghana – Impact of the Falling Crude Oil Prices

Fiscal Alert 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.

Click here to read the full report