Public Interest Accountability Committee

News

PIAC DEMANDS ACCOUNTABILITY FOR GH₵ 1.5 BILLION UNUTILISED ABFA FROM FINANCE MINISTRY
14th July 2020

The Public Interest and Accountability Committee (PIAC) has called on Parliament to compel the Ministry of Finance to account for a GH₵1. 5 billion unutilised funds in the Annual Budget Funding Amount (ABFA) for 2019. The ABFA is the portion of...

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LIQUIDITY CRUNCH STARES AT GNPC AS CSR, NON-CORE EXPENSES DRAIN CASH FLOWS
8th July 2020

A liquidity scare is staring the Ghana National Petroleum Corporation (GNPC) in the face after increased spending on corporate social responsibility and other non-core expenses reduced the firm’s ability to smoothly take up its share of...

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COMPEL FINANCE MINISTRY TO ACCOUNT FOR UNUTILISED FUND — PIAC
6th July 2020

THE Public Interest and Accountability Committee (PIAC) has called on Parliament to compel the Ministry of Finance to account for unutilised funds in the Annual Budget Funding Amount (ABFA). The ABFA is the portion of petroleum revenues earmarked...

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PIAC URGES PARLIAMENT TO RESTRICT GNPC’S SPENDING ON CSR
3rd July 2020

The Public Interest Accountability Committee, PIAC, has reiterated its call on Parliament to put some restrictions on the Ghana National Petroleum Corporation’s budget allocated to Corporate Social Investments. At the launch of the 2019...

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ADDRESS RISING GAS DEBT OF GNGC - PIAC
30th June 2020

THE Public Interest Accountability Committee (PIAC), has called on government to, as a matter of urgency, address the unsustainable debt of the Ghana National Gas (GNGC). At the launch of PIAC’s annual report, 2019 in Accra, the Chairman of...

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GHANA’S DOUBLES ITS GAS PRODUCTION
29th June 2020

In 2019, gas production witnessed its greatest boost since the inception of natural gas production in Ghana with a total of 169,509 million standard cubic feet of associated and non-associated gas produced from all fields in 2019, an 85% increase...

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