Dr. Steve Manteaw

Oil heritage fund accumulates about US$500 million – PIAC

Ghana’s oil revenue inflow into the Heritage Fund has reached US$485,172,436.04 as at 2018, seven years after the country commenced commercial production of crude oil. The nation’s Petroleum Revenue Management Act (PRMA) 2011, set the Ghana Heritage Fund to save oil revenues for future generations of Ghanaians. But, the closing amount in the Ghana Stabilization […]