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flag Ghana's petroleum revenue rose 27.8% to $1.35 billion in 2024, despite declining oil production.

flag Ghana's petroleum revenue increased by 27.8% in 2024 to $1.35 billion, despite a fifth consecutive year of declining oil production. flag The Jubilee Field was the main contributor to the revenue surge, though PIAC raised concerns over compliance issues and a cumulative shortfall of $489 million in revenue transfers. flag PIAC called for stricter enforcement and improved oversight to protect Ghana's national interest amidst falling oil output and potential long-term economic challenges.

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