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Delays in energy sector recovery cost Ghana $1bn annually – World Bank

By GhanaSummary Newsroom1 min read
Delays in energy sector recovery cost Ghana $1bn annually – World Bank

Taliercio The World Bank says delays in implementing Ghana’s energy sector recovery programmes are costing the country approximately $1 billion annually, putting additional pressure on public finances.

According to him, persistent financial pressures in the energy sector remain one of the key domestic risks to Ghana’s economic recovery.

He said addressing the financial challenges in the energy sector would be essential to protecting Ghana’s fiscal position and creating the conditions for stronger private-sector investment and long-term economic growth.

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