PIAC LAUNCHES SIMPLIFIED REPORT ON PETROLEUM REVENUE FOR CITIZENS

The Public Interest and Accountability Committee (PIAC) have introduced a “citizens version” of their 2022 annual report on petroleum revenue management, aiming to provide citizens with accessible information for advocacy and decision-making.

Launched by Professor Nana Susubribi Krobea Boaten (S. K. B.) Asante, the former President of the Ghana Academy of Arts and Sciences, the 60-page document condenses the voluminous and technical content of the original 2022 annual report.

The simplified version covers petroleum production and sales statistics, utilisation of petroleum, revenue collection and allocation, distribution, and use of the Annual Budgeted Funding Amount (ABFA), among other key areas.

According to Emerita Professor Elizabeth Ardayfio-Schandorf, Chairperson of PIAC, the “Citizens Version” aligns with the Committee’s commitment to transparency and accountability, essential for prudent financial management.

She emphasized its significance as a resource empowering citizens to engage in the governance of petroleum resources.

SOURCE: GHANAWEB

Previous PIAC LAUNCHES CITIZENS’ VERSION OF REPORTS ON THE MANAGEMENT AND USE OF PETROLEUM REVENUES

Be Updated with Us

Subscribe

* indicates required

Intuit Mailchimp

Location: 13 Nii Amon Kotey Street, East Legon

All Rights Reserved - PIAC 2023