Tag: PIAC
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Ghana’s Oil Rainy-Day Fund Capped Illegally for Five Years Running
Ghana Stabilisation Fund (GSF), the dedicated oil revenue reserve designed to protect the national budget during economic shocks, has been held at an unlawfully...
Two Ghana Oil Fields Sit Idle. PIAC Wants Answers by Next Year
Ghana has two offshore oil fields with proven resources that have not yet produced a single barrel of commercial crude and the Public Interest...
Ghana’s US$1.3bn Oil Savings Fund Reaches Unlock Threshold
Ghana Heritage Fund (GHF) has crossed a landmark legal threshold this year, with the 15-year lock period enshrined in the Petroleum Revenue Management Act...
GNPC’s Budget Slashed 61 Percent. PIAC Says That Is Dangerous
The Ghana National Petroleum Corporation (GNPC) received 61.55 percent less funding in 2025 than in previous years, according to the Public Interest and Accountability...
Oil Companies Now Pay More Tax. Ghana Waited 15 Years
For the first time since Ghana began commercial oil production in 2010, corporate tax from petroleum companies has overtaken the state's direct share of...
