Finance Minister Dr. Cassiel Ato Forson, alongside Energy Minister Hon. John Abdulai Jinapor, recently held a productive meeting with key stakeholders in Ghana’s power sector to outline a sustainable future.
The gathering included leaders from the Electricity Company of Ghana (ECG), Public Utilities Regulatory Commission (PURC), Volta River Authority (VRA), the Energy Commission, GRIDCo, and other vital institutions.
Discussions centered on the urgent need for effective, long-term solutions to persistent challenges in the sector, including legacy debts, tariff-related issues, operational inefficiencies, and costly power purchase agreements.
Dr. Forson acknowledged the financial pressures facing the sector but emphasized the meeting’s primary objective: identifying actionable steps to ensure stability and sustainability.
“Our conversation focused on the critical need for effective and sustainable solutions to strengthen Ghana’s power sector,” he stated.
The meeting concluded with a unified commitment from all parties to support ongoing reforms under the Energy Sector Recovery Programme (ESRP). This includes prioritizing sustainable financial strategies and policy interventions aimed at enhancing operational efficiency and providing reliable, affordable electricity to Ghanaians.
According to Dr. Forson, the goal is not only to stabilize the power sector but also to protect the broader economy from the adverse effects of electricity delivery inefficiencies.
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