Petroleum Revenue Management Law

This document is part of the source library for NRGI's 2017 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.

Data and Resources

Additional Info

Field Value
Sector Oil and Gas
Country Ghana
Year 2011
RGI Edition Year 2017
Topic Beneficial ownership, Legislation and regulation, Mandatory payment disclosure, Revenue management, Revenue sharing, Sovereign wealth funds, State-owned enterprises, Subnational governance, Tax policy and revenue collection
Document Type Statute
RGI Sub-component Open data
RGI Questions 1.1.7a: Are senior public officials required to publicly disclose their financial holdings in extractive companies?,
1.2.5f: Who is the tax authority (i.e. who has the authority to collect taxes and payments from extractive companies)?,
1.4b: Does the SOE receive a production share or in-kind payments from extractive companies?,
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?,
1.4.3c: Is the SOE required to submit annual reports to the legislature on its commercial, non-commercial (i.e. regulatory) and non-operational activities (i.e. activities not related to resource extraction)?,
2.1.2a: Does the country have a numerical fiscal rule?,
2.1.2b: Do rules require that an external body periodically monitor the government's adherence to the numerical fiscal rule?,
2.2a: Does the central government transfer extractive resource revenues to subnational governments?,
2.3b: If there are multiple natural resource funds, which is the largest?,
2.3.1a: Are there numeric rules governing the size of withdrawals from the sovereign wealth fund?,
2.3.2c: From 2015 onwards, has the government adhered to the numeric rules governing the size of withdrawals from sovereign wealth funds?,
2.3.1c: Are there numeric rules governing the size of deposits into the sovereign wealth fund?,
2.3.2d: From 2015 onwards, has the government adhered to the numeric rules governing the size of deposits into the sovereign wealth fund?
Did this document contribute to RGI scoring? Used for scoring
Are the RGI questions here tagged with law and/or practice Law and
Practice (Both)
Publisher Parliament of Ghana
Author Parliament of Ghana
Source or API link http://rgi.nrgi-assessment.org/api/public/documents/GHA-2016-HY
Maintainer Natural Resource Governance Institute
Maintainer Email Natural Resource Governance Institute