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Sovereign Wealth Funds Briefing - Categorized | Market, Reserve Currencies

Ghana: Spilling our oil revenue over NHIS seas

Posted on 06 September 2010

From Peacefmonline.com: Why can’t we do as the Norwegians do - treat the oil revenue separately from our annual budget - but rather than investing the bulk of it in sovereign wealth funds abroad, identify pillars of growth and use them to construct and support the brighter Ghana that we know we can have in 20-30 years time?
I was moved to put down these thoughts when I read in the Graphic (online) that “The government is considering the option of using part of the country’s oil revenue for the intended one-time premium payment of the National Health Insurance Scheme (NHIS), the Vice-President, John Dramani Mahama has announced.”………………………………………Full Article: Source


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