Public Interest Accountability Committee

News

Ghana to rake in $2.3bn annually from Sankofa gas project
20th December 2016

New figures released by the International Finance Corporation (IFC)   has projected that the Sankofa Gye Nyame Oil  and Gas  field will generate about $2.3 billion in revenues for the government of Ghana annually . The field...

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NPP gov’t should pursue misappropriation of oil revenue – PIAC
16th December 2019

The Public Interest and Accountability Committee (PIAC) wants the Nana Akufo Addo led administration to demonstrate its willingness to enforce the Petroleum Revenue Management Act (PRMA) and give value for money. In PIAC’s view, its work...

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World Bank pumps $517m into Sankofa oil & gas project
16th December 2016

The World Bank Group has provided another $517 million to Ghana in debt and guarantees to support the $7.7 billion Sankofa oil and gas project. This brings to a total of $1.217 billion provided by the group after it initially injected $700...

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PIAC outdoors 5 Year Strategic Plan
16th December 2016

Public Interest and Accountability Committee (PIAC), an oversight petroleum revenue management body has launched its five year strategic plan at a ceremony in Accra. The strategic plan according to Professor Paul Kingsley Buah-Bassuah, the...

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PIAC needs $9m to implement 5-yr strategic plan
15th December 2016

The Public Interest and Accountability Committee (PIAC) has launched a five-year strategic plan, which will need $9,424,832 to implement. At the Alisa Hotel in Accra on Wednesday, the Committee appealed to donor partners as well as government to...

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Terkper pins hopes on Sinking Fund
17th November 2017

Finance Minister, Seth Terkper, has said the Sinking Fund created last year is playing a critical role in deepening liquidity and bringing down interest rates on government’s bonds. In a very buoyant mood, Mr. Terkper noted that the...

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