POLICY BRIEFS

February 13, 2015

No.1: The Falling Crude Oil Prices: Mitigating the Risk

Policy Brief 1: The Falling Crude Oil Prices: Mitigating the Risk Crude oil prices have been falling sharply on the international petroleum market since July 2014. For Ghana, this poses a serious threat in the sense that, this phenomenon could lead to significant reduction in oil revenue which could worsen the projected fiscal deficit in 2015 and in the medium term. This development will naturally have serious negative implications for macroeconomic stability and economic growth in the country. Click here to read full report