Ghana can fix its energy sector without IMF, World Bank – PUWU

The Public Utilities Workers Union (PUWU) says Ghana has the capacity to resolve its energy sector challenges without relying heavily on the International Monetary Fund (IMF) and the World Bank.

Mr Hayes also questioned the World Bank’s position on the Electricity Company of Ghana (ECG), particularly in light of reported improvements in the utility’s finances.

The World Bank, meanwhile, has warned that delays in energy-sector reforms could threaten Ghana’s recent gains in debt sustainability and macroeconomic stability.