Finance Minister Discloses Cost Of Three Months Free Water & Electricity

President Akufo-Addo in his 5th address to the nation about measures being taken by the government to ease the effects of coronavirus announced that his government will foot the electricity and water bills of all Ghanaians for the months of April, May and June.

This was to cushion the public, especially the vulnerable from the effects of the coronavirus pandemic.

Subsequently, the Finance Minister, Ken Ofori-Atta while presenting the Mid-Year budget review in Parliament on Thursday, 23rd July 2020 indicated that the free water and electricity have been extended.

“That is also why we further reduced electricity prices by half and completely provided potable water for free for everybody since March this year. And we will extend it for another three months,” he told Parliament.

“It takes a caring government of the people, and with that, I mean, a Government of all the people, to offer cost-free water to all across the country: representing all domestic and commercial customers in Ghana for three months." 

It takes a caring government to be for the people and for business, large and small, to choose to subsidize electricity consumption by 50 per cent to 4,086,286 households and 686,522 businesses at a cost of ¢1.02 billion in three months. And we will extend the coverage for lifeline customers for another three months"

In a one-on-one interview with Kwami Sefa Kayi on Peace FM's morning show 'Kokrokoo', Ken Ofori Atta disclosed the cost of this intervention.

"For electricity; every three months will cost 1bn, and this is for only the lifeline customers. With water, the cost is 257m for the three months," he stated.

Watch the video below for the breakdown




 
 
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