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Announcement of Building Capacity to Manage Ghana's Oil - World Bank Assists with Thirty-Eight Million US Dollars on December 20, 2010 (Inglês)

This press release announces that the World Bank Board on December 20, 2010, approved a credit of thirty-eight million US dollars to the government of Ghana for implementation of an Oil and Gas Capacity Building Project. The project, which has become necessary following Ghana’s discovery of oil and gas in commercial quantities has two main objectives: first, to help improve public management and regulatory capacity and enhance sector transparency by strengthening the institutions managing and monitoring the sector; and second, support the development of indigenous technical and professional skills needed by the petroleum sector through support to selected educational institutions.

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