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Ghana May Revise 2016 Budget   
 
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10-Feb-2016  
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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. 
 
 
Source: The Finder
 
 

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