Audio By Carbonatix
Ghana's energy sector has become a debt making machine with legacy debt pegged at some $3.1 billion as of March 2025. Shortfalls are estimated to cost the country about $8.94 billion between 2023 and 2026 with over a billion US dollars needed to procure fuel for thermal plants annually.
As a result of rising shortfall and fuel cost, government has reviewed the Energy Sector Levy (Amendment) Bill, 2025, which introduces an additional GH¢1 charge on every litre of petroleum products
But the question is, can this reworked levy solve Ghana's growing energy sector debt?
Here is an analysis by Isaac Kofi Agyei and Winston Tackie on Beyond The Numbers:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Indonesians raise white flags as anger grows over slow flood aid
1 hour -
Why passport stamps may be a thing of the past
1 hour -
Pope Leo urges ‘courage’ to end Ukraine war in first Christmas address
1 hour -
Commentary on Noah Adamtey v Attorney General: A constitutional challenge to Office of Special Prosecutor
2 hours -
Ghana’s democratic debate is too insular and afraid of change – Constitution Review Chair
2 hours -
24/7 campaigning is a choice, not democracy – Constitution Review Chair
2 hours -
4 years is too short as Ghana lags behind global democratic standards – Constitution Review Chair
2 hours -
GOLDBOD CEO explains ‘Clear Typo’ in Foreign Reserves claim
5 hours -
Trump says US military struck ISIS terrorists in Nigeria
5 hours -
Civil society group calls on BoG to suspend planned normalisation of non-interest banking
7 hours -
King Charles’ Christmas message urges unity in divided world
7 hours -
Jingle bills: Arkansas Powerball player strikes $1.8bn jackpot on Christmas Eve
7 hours -
Brazil ex-President Jair Bolsonaro’s surgery for hernia ‘successful’
8 hours -
Ghana and Afreximbank announce successful resolution of $750 million facility
10 hours -
IGP inaugurates Ghana Police Music AcademyÂ
11 hours