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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration

“Ghana’s natural resource funds well-governed” - RWI

Posted on 29 April 2014

The Revenue Watch Institute, (RWI), a New York-based non-governmental organisation with an office in Accra, has stated that, the natural resource fund that the Ghanaian government uses to manage oil revenues is relatively well-governed. A research released by the Institute indicates that the Ghana Petroleum Funds met 13 out of 16 good governance fundamentals.
A Statement from the RWI signed by Lee Bailey, Director of Communications said researchers concluded that the funds feature clear deposit, withdrawal and investment rules, effective oversight, and other essential attributes of good governance………………………………………..Full Article: Source


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