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International and Area Studies

University of South Florida

Ghana

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Transparency And Accountability In The Management Of Oil Revenues In Ghana, Ransford E. Van Gyampo Jan 2016

Transparency And Accountability In The Management Of Oil Revenues In Ghana, Ransford E. Van Gyampo

Government and International Affairs Faculty Publications

This paper undertakes a five-year review of the management of oil revenues in Ghana since the commencement of oil production in 2010. Using reports from the Petroleum Transparency and Accountability Index, official records from key state agencies, and interviews with core individuals within the petroleum sector, the paper assesses the quality of transparency and accountability in the management of Ghana’s oil revenue. It argues that even though some progress has been made in the transparent and accountable use of oil revenues, more can be achieved if certain critical bills are passed and proactive interventions pursued without further delay on the …