Extractive Sector Revenue Management (GH0005)
Overview
At-a-Glance
Action Plan: Ghana Action Plan 2013-2014
Action Plan Cycle: 2013
Status: Inactive
Institutions
Lead Institution: Ministries of Energy.
Support Institution(s): Oil and Gas Coalition, ISODEC, IEA, IDEG
Policy Areas
Anti-Corruption, Extractive Industries, Fiscal Openness, Legislation & Regulation, Public Participation, Publication of Budget/Fiscal InformationIRM Review
IRM Report: Ghana 2013-2014 End of Term Report, Ghana Progress Report 2013-2014
Starred: No
Early Results: Did Not Change
Design i
Verifiable: Yes
Relevant to OGP Values: Access to Information , Civic Participation , Public Accountability
Implementation i
Description
The Petroleum Revenues Management Law has provided for the establishment of Public Interest Accountability Committee (PIAC) with the primary responsibility of enforcing transparency in the management of oil revenues. PIAC is a predominantly civil society body that monitors the flow of oil revenues and expenditures. Established in 2011, PIAC, has already issued its first report for that year and enjoyed considerable independence and generous budgetary allocation.
Over the 2013 - 2014 period, the Ghana Government commits itself to maintain and strengthen the independence of PIAC by continuing the provision of adequate budgetary allocation and supporting relevant CSOs to conduct annual M&E exercises to assess the extent of PIAC independence. Government further commits to the full implementation of recommendations from annual M&E reports as it will maintain and strengthen PIAC’s independent operations.
Government should further strengthen the legal framework on other minerals such as Gold. Actions:
• Publish regulations on the Petroleum Management Act (Act 815).
• Pass the Mineral Development Fund Bill.
• Call at least four meetings of relevant CSOs, Ministries and Departments to formulate a
framework for monitoring and evaluation of PIAC independence
• Support publication and dissemination of M&E reports
• Support relevant agencies to formulate sustainability plans for annual M&E exercises and
reports.
Commitments
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Open Contracting and Contract Monitoring
GH0020, 2017, Anti-Corruption
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Anti-Corruption Transparency
GH0021, 2017, Anti-Corruption
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Beneficial Ownership
GH0022, 2017, Anti-Corruption
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Fiscal Transparency and Accountability
GH0023, 2017, Fiscal Openness
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Extractives Sector Transparency
GH0024, 2017, Anti-Corruption
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Right to Information
GH0025, 2017, Access to Information
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Civic Participation and Accountability
GH0026, 2017, Fiscal Openness
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Technology and Innovation
GH0027, 2017, Access to Information
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Open Contracting
GH0014, 2015, Anti-Corruption
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RTI
GH0015, 2015, Access to Information
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Citizen’S Participation
GH0016, 2015, Public Participation
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Fiscal Openness
GH0017, 2015, Legislation & Regulation
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Revenue Management
GH0018, 2015, Legislation & Regulation
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Open Data
GH0019, 2015, Access to Information
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Fiscal Responsibility
GH0001, 2013, Fiscal Openness
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Fiscal Transparency
GH0002, 2013, Capacity Building
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Right to Information
GH0003, 2013, Access to Information
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Human Rights and Anti-Corruption
GH0004, 2013, Anti-Corruption
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Extractive Sector Revenue Management
GH0005, 2013, Anti-Corruption
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Investment Oversight
GH0006, 2013, Anti-Corruption
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Citizen Participation
GH0007, 2013, Capacity Building
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Code of Conduct Bill
GH0008, 2013, Anti-Corruption
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Audit Reports
GH0009, 2013, Anti-Corruption
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National Broadcasting
GH0010, 2013, Civic Space
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e-Immigration
GH0011, 2013, Access to Information
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Financial Management
GH0012, 2013, Access to Information
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Policy Portal
GH0013, 2013, Access to Information
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