The Public Interest and Accountability Committee (PIAC) has warned against the use of oil revenue as collateral for government borrowing, arguing that the practice could prevent the country from making the most of its hydrocarbon resources. The...

The Public Interest and Accountability Committee (PIAC) has described the Ministry of Finance’s inability to account for unutilized funds in the Annual Budget Funding Amount (ABFA) as...

The Public Interest and Accountability Committee (PIAC) has started working with the Economic and Organised Crimes Office (EOCO) to investigate some infractions of the Petroleum Revenue Management Act, 2011 (PRMA Act 815). This is because in the...

The Public Interest and Accountability Committee (PIAC) has asked the Government to increase the disbursement of petroleum revenue allocated to the health sector through the Annual Budget Funding Amount (ABFA). It said the GHS68million allocated...

For the second conservative year, the government has not made any allocation from the Annual Budget Funding Amount (ABFA) to the Ghana Infrastructure Investment Fund (GIIF) despite the Fund raking in 5.5 million dollars returns on its investment in...

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...