Ghana’s energy sector is in a terrible shape, and President-elect John Dramani Mahama has voiced serious worries about it and called for swift and extensive reforms to address its issues.
In Accra on Friday, during a welcome visit by Myriam Montrat, the Canadian High Commissioner to Ghana, Mahama emphasized the sector’s precarious state and cautioned about its possible effects on the nation’s economic stability.
Mahama reaffirmed his administration’s dedication to giving reforms first priority in order to guarantee all Ghanaians a dependable, sustainable, and efficient energy supply.
“The energy sector needs urgent surgery otherwise it can collapse everything,” Mahama said.
He criticized how the present administration has portrayed economic recovery, highlighting the considerable amount of unpaid debt.
“You have a $2.5 billion debt, your bailout is only $3 billion, and so $2.5 billion sitting and breathing and you say the economy is turning around.”
Mahama suggested that the current government’s upbeat economic story is deceptive and cautioned that any progress could be hampered by the outstanding debt.
He stated, ““That alone can crush everything that has been done and so they want to create a more upbeat story about their economic management before they leave office.”
“We are going to open the books when we come and let Ghanaians know what the true situation is. Because if Ghanaians understand what the true situation is then they will understand some of the measures we will have to take to bring things back,” Mahama stated.
Ghanaians were reassured by the president-elect that his administration would be open and honest about the actual status of the economy.
Source: newsthemegh.com