The Public Interest and Accountability Committee (PIAC) has said it is dismayed at the manner in which petroleum revenues are being utilised, warning that aspirations of transforming the economy using oil will not materialise, if nothing is done...

The Public Interest and Accountability Committee (PIAC) is calling on government and the Ministry of Finance to ensure efficiency in the use of petroleum revenue meant to fund projects under the health sector. According to PIAC, government has...

The Public Interest and Accountability Committee (PIAC) wants the country to move from investing petroleum funds in only low-risk Instruments to a mixture of both high and low. This, along with diversifying place of investment – mostly the...

The Public Interest and Accountability Committee (PIAC) has said there is a loophole in allowing the Minister for Finance to place a cap on the Ghana Stabilisation Fund (GSF) at his or her discretion as necessitated by macroeconomic conditions;...

The Public Interest and Accountability Committee (PIAC) has urged government not to exceed funding beyond four priority areas as permitted by law. Per the Petroleum Revenue Management Act 2011 (PRMA), government can only fund four out of 12...

The Public Interest and Accountability Committee (PIAC), an independent statutory body established under Section 51 of the Petroleum Revenue Management (PRMA) Act, 2011 (Act 815), has said it has observed that over the years, some International Oil...