Business News of Sunday, 16 May 2021Source: Kasapa FMEnergy Minister, Dr. Matthew Opoku Prempeh says his Ministry is committed to ensuring long-term financial sustainability in Ghana’s power sector. This brings the total savings to $2.761bn in the energy sector. He added that the Energy Sector Levy Act (ESLA), Cash waterfall Mechanism, Gas Clearing House, and the Delta Fund, among other interventions, have improved Ghana’s Energy sector financing. According to the sector Minister, government has approved the Energy Sector Recovery Programme (ESRP), which is being implemented to bring about long-term financial sustainability of the sector. He continued “These measures are part of the Akufo Addo led government’s broader strategy to ensure long term financial sustainability in Ghana’s power sector.”

Source: GhanaWeb May 16, 2021 18:00 UTC