The Public Accounts Committee (PAC) of Parliament has commended the leadership of former Managing Director of the Ghana Publishing Company (GPC), Mr David Asante, following a remarkable turnaround in the Company’s financial performance in 2023.

Appearing before the Committee on Friday, November 9, the current Managing Director of the Company presented details of the financial year under review, which covered the period of Mr Asante’s tenure.

During the session, the Member of Parliament for Manhyia North, who is also a member of the Committee, highlighted the impressive growth recorded under Mr Asante’s leadership.

According to him, the Company’s printing operations increased by almost 50 per cent, gazetting rose by 44 per cent, publications and forms went up by 34 per cent, while net assets surged by an extraordinary 3,000 per cent.

“These are very significant figures, showing a massive turnaround under the leadership of Mr David Asante,” the Manhyia North MP stated, as he posed a question to the current Managing Director on how the new management intended to sustain the momentum.

The Committee expressed keen interest in understanding the factors behind the sharp improvement and the measures being taken to consolidate the progress achieved.

The PAC members praised the Ghana Publishing Company for its commendable performance and urged the current management to build upon the solid foundation laid by Mr Asante.

They further encouraged the Company to maintain fiscal discipline, strengthen operational efficiency, and continue embracing innovation in order to sustain growth and public confidence in its operations.