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Prioritized expenditure to curb budget overruns- former PIAC Chairman

major-ablorhA Former Chairman of the Public Interest and Accountability Committee (PIAC) Major Ablorh-Quarcoo (Retired) is asking government to prioritize its expenditure to avoid overspending budgets.

According to him, the tendency of government to spend on unbudgeted projects must be stopped.

The former PIAC Chairman cites how such behavior is impacting negatively on development across the country to make the point.

He therefore urged government to ensure compliance with its budget.

“We haven’t focused properly; if we had focused and the agric ministry for instance had come out with a plan or a project indicating its objectives for the next three or four years, then we can then actually even measure the outputs as we go along,” he said.

“With this, at the end of each project period, we can access and say this is what we set ourselves to do have we achieved it and it becomes a major objective with the notion we have achieved something. Priority areas that is absolutely important.”Major Quarcoo added.

The former PIAC Chairman spoke to Citi Business News on the sidelines of the Amplifying oil and gas and Election Issues program organized by Penplusbytes.

The maiden edition of the extractive salon deliberated on the key question: “Does oil and gas matter in Ghana 2016 elections?”

This Salon forms part of Penplusbytes’ elections project: “Amplifying Oil & Gas and Election Issues”.

This is also premised on the fact that since the production of oil in commercial quantities in Ghana, the political discourse in the sector has been characterized by some lingering questions which ought to be answered.

These centre on how much revenue has been generated, what has been done with the revenues, and whether the investments made with the oil revenues yield any value for the electorates and also how to avoid the so-called ‘oil curse’ among others.

Source: http://citifmonline.com/2016/10/20/prioritized-expenditure-to-curb-budget-overruns-former-piac-chairman/

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Reporting Oil and Gas project was launched on 4th June 2009atTakoradi, Western Region, Ghana by Penplusbytes (PPB – www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector
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