The World Bank Group has provided another $517 million to Ghana in debt and guarantees to support the $7.7 billion Sankofa oil and gas project. This brings to a total of $1.217 billion provided by the group after it initially injected $700...
full storyPublic Interest and Accountability Committee (PIAC), an oversight petroleum revenue management body has launched its five year strategic plan at a ceremony in Accra. The strategic plan according to Professor Paul Kingsley Buah-Bassuah, the...
full storyThe Public Interest and Accountability Committee (PIAC) has launched a five-year strategic plan, which will need $9,424,832 to implement. At the Alisa Hotel in Accra on Wednesday, the Committee appealed to donor partners as well as government to...
full storyFinance Minister, Seth Terkper, has said the Sinking Fund created last year is playing a critical role in deepening liquidity and bringing down interest rates on government’s bonds. In a very buoyant mood, Mr. Terkper noted that the...
full storyGovernment’s consistent lowering of the cap on the Ghana Stabilisation Fund (GSF) could ultimately defeat the purpose for which the Fund was set up, with monies in the Fund expected to reach an all-time low this year. Cap on the fund was...
full storyBarring any last minute hitch, the Floating, Production, Storage, Offloading (FPSO) vessel for the Sankofa Gye Nyame Oil and Gas project, will arrive in Ghana in March 2017. This is the indication from the Managing Director of ENI Ghana, Fabio...
full story