Public Interest Accountability Committee

News

Solicitation of Information from the General Public: 2016 Annual Report
17th February 2017

Solicitation of Information from the General Public: 2016 Annual Report The Public Interest and Accountability Committee (PIAC) is a citizens-led statutory body established under Section 51 of the Petroleum Revenue Management (PRMA) Act (Act...

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Ofori-Attah quells outcry: ‘We won’t touch Heritage Fund’
17th June 2017

Finance Minister, Ken Ofori-Attah, has dismissed suggestions by Senior Minister Yaw Osarfo Maafo that the Heritage Fund could be used to finance government’s Free Senior High School (SHS) policy. The Finance Minister told Joy News that the...

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Return on investment of Ghana heritage fund declines
17th February 2017

Return on investment of Ghana’s Heritage Fund recorded a decline in the second half of 2016 as compared to the first half of the same year. A report released by the Bank of Ghana on the performance and activities of the Petroleum Holding...

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Free SHS: Don’t use Heritage Fund – ISODEC warns
17th February 2017

A policy analyst at the Integrated Social Development Center (ISODEC), Dr. Steve Manteaw has kicked against government’s move to fund the free Senior High School policy from the Heritage Fund.  He argued that it is unwise to spend the...

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Heritage Fund to be used in financing free SHS - Osafo Maafo
14th February 2017

Senior Minister has hinted that government would review the Heritage Fund Component in the Petroleum Management Act in order to use the proceeds to finance its Free Senior High School (SHS) policy. According to Dr. Yaw Osafo Maafo, the...

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Duffour chides previous govt over oil cash investment
15th February 2017

A Former Governor of the Bank of Ghana(BoG) Dr. Kwabena Duffour has criticized the erstwhile John Mahama government for investing the proceeds from the Heritage Fund into short term instruments. According to him, such a move defeats the purpose...

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