The World Bank has blamed Ghana’s energy sector for exacerbating the country’s debt and economic challenges.
Ghana currently facing its worst economic crisis in a generation, the government has sought financial bailouts from international institutions such as the International Monetary Fund (IMF) and the World Bank.
The World Bank suggests the Ghanaian government pursue certain reforms to address the energy sector debt.
These reforms include tariff adjustments and the restructuring of power purchasing agreements, which could potentially alleviate a significant portion of the debt burden.
WADRs Atiewin Mbillah-Lawson in Accra reports.