You are here: HomeWallOpinionsArticles2020 02 08Article 860461

Ghana to commit $1 billion Eurobond proceeds to address energy sector challenges – Minister

Comment: Re: Ghana to commit $1 billion Eurobond proceeds t

Author:
Kulinoli Dinvela
Date:
2020-02-09 06:18:44
Comment to:
Re: Ghana to commit $1 billion Eurobond proceeds t


Unfortunately, your understanding of energy sector challenge is challenged as you seem to equate the challenge being talked about by the finance minister as low power production. Indeed the finance minister is alluding to the same over production of power you are pointing out in your piece but which we have no immediate use for but compelled to pay for it under the take or pay agreements signed by the previous regime. When the finance minister is talking about energy sector challenges he has at the back of his mind not only the preceding challenge, but also other challenges like the legacy debts and the inefficiencies encountered in power generation and distribution etc.

This article is closed for comments.

02-08 15:29
 
 
 
 
Re: Ghana to commit $1 billion Eurobond proceeds t
Kulinoli Dinvela
02-09 06:18