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General News of Thursday, 16 July 2020

Source: GNA

PIAC demands accountability for GH

PIAC PIAC

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 petroleum revenues earmarked for government spending in a particular year, therefore, PIAC wants Parliament to exercise its oversight responsibility and ensure that the Ministry of Finance fully accounts for the funds.

Mr. Noble Wadzah, Chairman of PIAC disclosed this at a public forum on the management and use of Ghana