Ghana may revise 2016 budget
- Posted on
- Comment
There is a “real possibility” that Ghana may have to revise its 2016 budget due to lower-than-expected global oil prices.
Finance Minister Seth Terkper gave the hint at a news conference in Accra yesterday.
Ghana produces about 100,000 barrels of oil per day and based its budget on a projected average figure of $53 per barrel of Brent crude, he said.
That is well above the $33.53 figure traded on Monday.
ABOUT: Nana Kwesi Coomson
[email protected] An Entrepreneur, Corporate Social Responsibility, Corporate Communications Executive and Philanthropist. Editor-in-Chief of www.233times.com. A Senior Journalist with Ghanaian Chronicle Newspaper. An alumnus of Adisadel College where he read General Arts. His first degree is in Bachelor of Arts - Political Science (major) and History (minor) from the University of Ghana. He holds MSc in Corporate Social Responsibility (CSR) and Energy with Public Relations (PR) from the Robert Gordon University in the United Kingdom. He is a 2018 Mandela Washington Fellow who studied at Clark Atlanta University in USA on the Business and Entrepreneurship track.
View all posts by: Nana Kwesi Coomson
(Selorm) | 
(Nana Kwesi)