Energy Sector Leakages

IMF Conditionalities Not Preventing Energy Sector Leakages – ACEP

IMF Conditionalities Not Preventing Energy Sector Leakages – ACEP

The Africa Centre for Energy Policy (ACEP) has disclosed that the conditionalities of the International Monetary Fund are not helping curb the revenue leakages in the country’s energy sector. In a report dubbed, ‘Protecting Ghana’s Economic Sustainability in the Face of Power Sector Risks,’ the energy think tank said the already implemented conditionalities are not reflected in the revenue mobilisation efforcitibts of the country. The report said though electricity tariffs have been increased by 100 percent in the last ten months, there is still a liquidity challenge confronting the sector. “The IMF conditionalities are already being operationalised, primarily based on…
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