Business News of Tuesday, 30 December 2025Source: GNAThe International Monetary Fund (IMF) has reported that reduced direct government payments to power producers have offset gains from improved revenue collection at the Electricity Company of Ghana (ECG). In its latest review report, the Fund said the central government’s reduction in financial interventions had overshadowed a “remarkable surge” in the utility’s operational performance. The increase was attributed to the reduction in direct government payments, which created a funding gap that improved ECG performance could not fill. It reported that while debts to fuel suppliers declined by US$124 million, they remained high at US$830 million. The government has allocated GH¢15 billion in the 2026 Budget to cover projected energy sector shortfalls in addition to legacy debt payments.

Source: GhanaWeb December 30, 2025 08:36 UTC