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The Minority Leader in Parliament, Dr. Cassiel Ato Forson, has emphasized that debt affecting the energy sector represents an immense threat to Ghana’s economy.
Dr. Ato Forson warned that if not addressed promptly, this debt could lead to a complete collapse of the country’s economy.
In his State of the Nation 2024 address by President Akufo-Addo on Monday, March 11, the leader of the NDC Caucus in Parliament highlighted the urgent need to take action to prevent further deterioration of the situation.
He expressed concern that the people of Ghana are already bearing the brunt of the current economic crisis and cannot afford to endure additional disruptions in the energy sector.
Dr Ato Forson criticized the Akufo-Addo government for its mismanagement of the energy sector since he took office in 2017.
He stated that the upcoming 2024 general elections provide an opportunity for the National Democratic Congress (NDC) to rectify these issues and restore stability to the sector.
“The reality, Mr. President, is that this crippling indebtedness and disarray in the energy sector, created by the Akufo Addo/Bawumia government, remains the biggest threat to Ghana’s economy,” he said.
“This Akufo-Addo/Bawumia NPP government owes over $1.5 billion to independent power producers (IPPs),” he added.
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