Impacts of key provisions in Ghana’s Petroleum Revenue Management Act. 3ie Impact Evaluation Report 94.

Edjekumhene, I., Voors, M., Lujala, P., Brunnschweiler, C., Owusu, C.K., and Nyamekye, A. (2019).

In 2007, Ghana discovered oil and gas in commercial quantities and subsequently enacted the Petroleum Revenue Management Act (PRMA) 2011 (Act 815) to govern the management of the revenues to accrue from the new-found resource in a transparent and accountable manner. Two provisions of the PRMA were the Public Interest and Accountability Committee (PIAC) and the Annual Budget Funding Amount (ABFA). The establishment of these two transparency and accountability mechanisms in the PRMA was founded on the concept of social accountability, which is an umbrella term that encapsulates a range of transparency and accountability initiatives, including: citizen monitoring and oversight of public and/or private sector performance; user-centred public information access/dissemination systems; public complaint and grievance redress mechanisms; and participation in actual resource allocation decision-making, such as participatory budgeting.

About 3ie

The International Initiative for Impact Evaluation (3ie) promotes evidence-informed equitable, inclusive and sustainable development. We support the generation and effective use of high-quality evidence to inform decision-making and improve the lives of people living in poverty in low- and middle-income countries. We provide guidance and support to produce, synthesise and quality-assure evidence of what works, for whom, how, why and at what cost.

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By |2020-08-31T05:28:54+00:00August 20th, 2020|Categories: Publications|Comments Off on Impacts of key provisions in Ghana’s Petroleum Revenue Management Act. 3ie Impact Evaluation Report 94.

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