By Mavis Paintsil, Accra
The Public Interest and Accountability Committee (PIAC) has decried the lack of comprehensive data from the Ministry of Finance, saying it has hampered its work.
Chairman of PIAC, Richard Ellimah, says the Committee is yet to receive key information on how the Annual Budget Funding Amount (ABFA) was spent in the first half of 2026.
He made the disclosure on October 24 in Accra during the launch of PIAC’s 2026 Semi-Annual Report on Ghana’s petroleum revenue management.
According to him, PIAC requested the information from the Ministry of Finance but is still awaiting a response, a situation that has limited its assessment of ABFA expenditure.
Mr. Ellimah explained that a substantial portion of the ABFA has been directed to government’s Big Push Agenda, a flagship infrastructure programme that covers the construction of the Accra-Kumasi Expressway among others.
He said the development will influence how PIAC carries out its inspection of funded projects.
“We are hoping very much that the Ministry of Finance will give us the data so we can understand what is going on. It is something new for us because it is going to change the way we also do our project inspections,” he stressed.
The PIAC Chairman further bemoaned poor compliance with the Petroleum Revenue Management Act (PRMA) and revealed that no prosecution has been recorded in the last 15 years for non-compliance, as PIAC does not have the power to initiate legal proceedings on its own.
He added that the Committee intends to engage the Attorney-General over the persistent compliance challenges.
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