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Petroleum Revenue Management Act(815)

This document is part of the source library for NRGI's 2021 Resource Governance Index, a comprehensive measure of the quality of natural resource governance in oil, gas and mineral-rich countries. To access the full dataset and all other index resources, visit https://resourcegovernanceindex.org.

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Additional Info

Field Value
Sector Oil and Gas
Country Ghana
Year
RGI Edition Year 2021
Topic Legislation and regulation, Mandatory payment disclosure, Open data, Revenue management, Sovereign wealth funds, State-owned enterprises, Tax policy and revenue collection
Document Type PDF
RGI Sub-component
RGI Questions 1.2.3a: Is the government required to publicly disclose data on payments from extractive companies to the government?,
1.2.6a: Is the government required to make all payments to the national treasury or deposit them into a national resource account, aside from amounts legally retained by SOEs?,
1.4.7c: Are there rules that govern how the proceeds from the sale of the SOE's production should be transferred to the government?,
2.3.1b: Do rules require that withdrawals and spending from the sovereign wealth fund pass through the national budget?,
2.3.5a: Is the sovereign wealth fund required to produce annual financial reports?,
2.3.5b: Is the sovereign wealth fund required to publicly disclose these annual financial reports?,
2.3.5d: Is the legislature required to review the sovereign wealth fund's annual financial reports?
Did this document contribute to RGI scoring? Used for scoring
Are the RGI questions here tagged with law and/or practice Law
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Author
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Maintainer Natural Resource Governance Institute
Maintainer Email Natural Resource Governance Institute