As of April 2020, the coronavirus (COVID-19) pandemic had impacted the economy of Ghana adversely. The impact on petroleum receipts was such that there was a shortfall of nearly 1.1 billion Ghanaian cedis (GHS) (approximately 1.9 million U.S. dollars) in the Ghana Stabilization Fund. As of the same date, the Ghana Heritage Fund and transfers to the Ghana National Petroleum Corporation also suffered shortfalls amounting to 453 million GHS and 642 million GHS (roughly 78 and 110 million U.S. dollars), respectively. Overall, the total net petroleum receipts in the country stood at around 46.32 million GHS as of the third quarter of 2020 from the Sankofa, Tweneboa-Enyenra-Ntomme (TEN), and Jubilee oil fields.
Estimated financial shortfalls due to the impact of (COVID-19) on petroleum receipts in Ghana
(in million Ghanaian cedis)
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Deloitte. (April 1, 2020). Estimated financial shortfalls due to the impact of (COVID-19) on petroleum receipts in Ghana (in million Ghanaian cedis) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1198607/impact-of-covid-19-on-petroleum-receipts-in-ghana/
Deloitte. "Estimated financial shortfalls due to the impact of (COVID-19) on petroleum receipts in Ghana (in million Ghanaian cedis)." Chart. April 1, 2020. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1198607/impact-of-covid-19-on-petroleum-receipts-in-ghana/
Deloitte. (2020). Estimated financial shortfalls due to the impact of (COVID-19) on petroleum receipts in Ghana (in million Ghanaian cedis). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1198607/impact-of-covid-19-on-petroleum-receipts-in-ghana/
Deloitte. "Estimated Financial Shortfalls Due to The Impact of (Covid-19) on Petroleum Receipts in Ghana (in Million Ghanaian Cedis)." Statista, Statista Inc., 1 Apr 2020, https://www.statista.com/statistics/1198607/impact-of-covid-19-on-petroleum-receipts-in-ghana/
Deloitte, Estimated financial shortfalls due to the impact of (COVID-19) on petroleum receipts in Ghana (in million Ghanaian cedis) Statista, https://www.statista.com/statistics/1198607/impact-of-covid-19-on-petroleum-receipts-in-ghana/ (last visited December 22, 2024)
Estimated financial shortfalls due to the impact of (COVID-19) on petroleum receipts in Ghana (in million Ghanaian cedis) [Graph], Deloitte, April 1, 2020. [Online]. Available: https://www.statista.com/statistics/1198607/impact-of-covid-19-on-petroleum-receipts-in-ghana/
