The Government Induced Financial Threats To Ghana’s Energy Sector: Needs Urgent Budget Response

Ghana’s energy sector (power and gas) is confronted with severe financial threats notwithstanding the energy sector levy (ESLA) introduced by the previous administration and bequeathed to the present Government. Indeed, the sector is currently experiencing unprecedented financial crisis and according to the Energy Sector Recovery Plan(ESRP), as at January 2019, the net sector arrears stood at US$ 2.748 Billion. If nothing is done, electricity production will grind to a halt and deprive Ghanaians of regular and adequate supply of power for domestic and commercial use.

 
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