Public Interest Accountability Committee

News

US$6.5BN FROM OIL IN 10YRS BUT NOTHING TO SHOW – PIAC, CSOS
24th May 2021

The country has realised US$6.5billion in revenue from oil production over the past 10 years but has nothing monumental to show, according to state oil revenue watchdog Public Interest and Accountability Committee (PIAC) and Civil Society...

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PIAC ADVOCATES LONG-TERM NATIONAL DEVT PLAN TO GUIDE PETROLEUM REVENUE SPENDING
21st May 2021

The need for a long-term national development plan (LTNDP) to guide the spending of revenue from the country’s oil sources is now or never, the Public Interest Accountability Committee (PIAC) has said. According to the committee, the...

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PIAC CALLS FOR PROPER TARGETING OF ANNUAL BUDGET FUNDING AMOUNT
14th May 2021

The Public Interest and Accountability Committee (PIAC) has called for conscious efforts to ensure better targeting of the Annual Budget Funding Amount (ABFA) allocation for maximum impact. It said assessment of the management and utilisation of...

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NON-UTILISATION OF FULL ANNUAL BUDGET FUNDING AMOUNT FOR PETROLEUM SECTOR WORRYING – PIAC
14th May 2021

Ghana’s petroleum revenue watchdog, the Public Interest and Accountability Committee (PIAC) has expressed concern over the persistent non-utilisation and unaccounting of the full Annual Budget Funding Amount. (ABFA) According to the latest...

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PIAC WANTS OIL REVENUE SPENDING ALIGNED WITH NATIONAL DEV’T PLAN
12th May 2021

The Public Interest and Accountability Committee (PIAC), Ghana’s petroleum revenue watchdog, has reiterated the need for a long-term national development plan to guide the spending of petroleum revenues. The committee said the current...

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TIME TO ADDRESS PETROLEUM REVENUE MANAGEMENT CHALLENGES - PIAC
11th May 2021

The Public Interest and Accountability Committee (PIAC) has said that 10 years is ripe for the country to do an introspection of how it has managed revenues from its oil resource. Although PIAC has over the years raised critical issues relating...

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