Finance Minister Dr. Cassiel Ato Forson has disclosed that he, along with Energy Minister Hon. John Abdulai Jinapor, held a frank and productive meeting with key stakeholders in Ghana’s power sector to chart a sustainable path forward.
The meeting brought together sector leaders from the Electricity Company of Ghana (ECG), Public Utilities Regulatory Commission (PURC), Volta River Authority (VRA), the Energy Commission, GRIDCo, and other institutions.
Discussions focused on the urgent need for effective, long-term solutions to the sector’s persistent challenges. These include legacy debts, tariff-related concerns, operational inefficiencies, and high-cost power purchase agreements.
Despite acknowledging the financial strain confronting the sector, Dr. Forson emphasised that the meeting’s primary focus was on identifying actionable steps to ensure stability and sustainability.
“Our conversation centred on the urgent need for effective and sustainable solutions to strengthen Ghana’s power sector,” he stated.
The meeting concluded with a strong, 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 improving operational efficiency and delivering reliable, affordable electricity to Ghanaians.
According to Dr. Forson, the goal is to not only stabilize the power sector but also to safeguard the broader economy from the ripple effects of inefficiencies in electricity delivery.
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