Utility price rises come in as Ghana seeks another round of IMF help


Issue 467 - 04 Sep 2022 - By Adaora Elemide , Marc Howard , Jon Marks | 11 minute read

A hike in tariffs from 1 September is meant to put utility services on a more sustainable footing, but the below-inflation rise will not solve the power sector’s many problems. Questions continue to be asked about the fate of funds raised in 2020 to refinance money owned to independent power producers (IPPs) and, with capital markets closed, Ghana’s government is now talking to the International Monetary Fund about yet another support programme, writes Jon Marks with Adaora Elemide and Marc Howard.

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