Public Interest Accountability Committee

News

GHANA’S UPSTREAM PETROLEUM EXPENDITURE AMOUNTS TO $667 MILLION – PIAC
30th November 2020

Total expenditure in relation to upstream petroleum activities on Ghana’s three offshore oil fields – Jubilee, TEN and Sankofa – amounted to $667,529,395.73 for the first half of 2020. According to the Public Interest and...

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PIAC WANTS FIN. MINISTRY TO ACCOUNT FOR USE OF OIL FUNDS
30th November 2020

The Public Interest and Accountability Committee (PIAC) has urged Parliament to force the Ministry of Finance to account for the use of the country’s petroleum revenues. This follows the ministry’s refusal to provide half-year data on...

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PIAC REBUKES FINANCE MINISTRY OVER FAILURE TO ACCOUNT FOR ABFA FOR FOURTH STRAIGHT YEAR
27th November 2020

In its 2020 half-year report, the Public Interest and Accountability Committee (PIAC) has once again complained of a lack of cooperation from the Finance Ministry. It says the Ministry did not provide half-year data on its Annual Budget Funding...

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GHANA RECORDS 65 PERCENT HIKE IN GAS PRODUCTION
27th November 2020

Production of Gas in Ghana recorded a significant increase of 65 percent for the first half as compared to the same period in 2019. This is contained in the semi-annual report on oil management for the first half released by the Public Interest...

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US$169 MILLION OIL MONEY UNACCOUNTED FOR - PIAC
27th November 2020

The Public Interest and Accountability Committee (PIAC), which monitors the use of petroleum revenue, says it is unable to report on the programmes and activities undertaken with an amount of US$169.51 million disbursed to the Annual Budget Funding...

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REINFORCE SUPERVISION MANDATE ON FINANCE MINISTRY’S PROLONGED ABFA REPORT - PIAC TO PARLIAMENT
26th November 2020

The Public Interest and Accountability Committee (PIAC) has reiterated its call on Parliament to reinforce its supervision mandate on the Ministry of Finance. This comes after the Ministry of Finance has for the fourth consecutive time...

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