lower crude oil prices

Fiscal Deficit To Hit 6.2 Percent In 2016

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Some economists have predicted that Ghana will end this year (2016), with a budget deficit of 6 percent to GDP. They contend that the increased expenditure by government without an equal increase in revenue will cause a distortion to government’s budget deficit target for the year. “Per the projections, we are supposed to end the … Read more

Tullow Insured For Business Interruption Losses In Ghana

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Insurance will cover the loss of production and claims regarding the interruption of business at one of West Africa’s biggest oil fields, Tullow Oil has said. Tullow, which has offices in London, said its insurance covers the interruption of business at the Jubilee oil field in Ghana. Tullow last year sent development plans for the … Read more