{"id":93711,"date":"2025-09-12T04:58:00","date_gmt":"2025-09-12T04:58:00","guid":{"rendered":"https:\/\/sotnews.agency\/?p=93711"},"modified":"2025-09-12T04:58:00","modified_gmt":"2025-09-12T04:58:00","slug":"imf-backs-tariff-hikes-as-key-to-energy-sector-stability","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=93711","title":{"rendered":"IMF backs tariff hikes as key to energy sector stability"},"content":{"rendered":"
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The International Monetary Fund (IMF) has endorsed Ghana\u2019s planned utility tariff increases, describing them as essential for tackling inefficiencies and attracting investment into the country\u2019s struggling electricity sector.<\/p>\n

Speaking at a press briefing in Washington, D.C., on Thursday, 11 September 2025, the IMF\u2019s Director of Communications, Julie Kozack, linked the Fund\u2019s support to the wider objective of restoring financial stability in the energy sector.<\/p>\n

\u201cWhat is essential from our perspective is that any tariff adjustments in the electricity sector aim to address longstanding inefficiencies, support much-needed investment, and prevent the build-up of arrears in the sector,\u201d she explained.<\/p>\n

Ms Kozack stressed that the Fund\u2019s involvement extends beyond tariff reforms. \u201cMore generally, we are continuing to support broader sector reforms, including private sector participation in ECG operations,\u201d she noted. These reforms, she said, are central to efforts to enhance the performance of state-owned enterprises and reduce fiscal risks.<\/p>\n

Her comments come as the Public Utilities Regulatory Commission (PURC) weighs new tariff proposals, expected to take effect from 1 October 2025.<\/p>\n

The Commission is currently consulting stakeholders on requests from utility providers, among them the Electricity Company of Ghana (ECG), which has proposed increases of more than 200 percent.<\/p>\n

The intended review seeks to restructure the sector\u2019s mounting debt burden while safeguarding the long-term sustainability of power supply in Ghana.<\/p>\n<\/div>\n

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\"IMFThe International Monetary Fund (IMF) has endorsed Ghana\u2019s planned utility tariff increases, describing them as essential for tackling inefficiencies and attracting investment into the country\u2019s struggling electricity sector.<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2227,1926,2067,1883,117,10,9,2859,5469],"tags":[],"class_list":["post-93711","post","type-post","status-publish","format-standard","hentry","category-ecg","category-government","category-imf","category-national","category-news","category-politics","category-popular","category-purc","category-tariff"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/93711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=93711"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/93711\/revisions"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=93711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=93711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=93711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}