NDC Treading Carefully

The ruling National Democratic Congress is treading carefully in its plans to manage forthcoming oil revenues. The government has undertaken wide-ranging consultations, not only with foreign experts such as the Norwegian government, but also through setting up a committee which in March 2010 toured the regions of Ghana to gather views on how oil revenues should be used. The authorities are also trying to moderate expectations, emphasising that although headline real GDP growth may soar, it will take some time for the benefits to filter down to the

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