The International Monetary Fund (IMF) has thrown its weight behind Ghana’s proposed utility tariff adjustments, describing them as necessary to fix inefficiencies and attract investment into the electricity sector.
Speaking at a press briefing in Washington, D.C., on Thursday, September 11, 2025, the IMF’s Director of Communications, Julie Kozack, outlined the Fund’s position.
“What is essential from our perspective is that any tariff adjustments in the electricity sector aim to address longstanding inefficiencies in the sector, importantly, that they support much-needed investment in the electricity sector, and also that they are aimed at preventing the accumulation of arrears in the energy sector,” she explained.
Kozack added that the IMF’s endorsement goes beyond tariffs, linking the reforms to broader sectoral transformation.
“More generally we are continuing to support broader sector reforms including private sector participation in ECG operations,” she said.
According to her, the proposed tariff reforms form part of Ghana’s wider efforts to strengthen the performance of state-owned enterprises while reducing fiscal risks.
The Fund believes such measures will help restore financial stability in the energy sector and ensure reliable service delivery.
Source:Lovinghananews.com
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