President-elect John Dramani Mahama has voiced serious concerns about the deteriorating state of Ghana’s energy sector, calling for urgent and thorough reforms to address its challenges.
During a courtesy visit by the Canadian High Commissioner to Ghana, Myriam Montrat, in Accra on Friday, Mahama highlighted the sector’s vulnerability, warning of its potential to destabilize the country’s economy.
He reaffirmed his administration’s commitment to implementing reforms that would ensure efficiency, sustainability, and a reliable energy supply for all Ghanaians.
“The energy sector needs urgent intervention; otherwise, it could bring everything to a standstill,” Mahama stated.
The former President also criticized the current administration’s portrayal of economic recovery, pointing to the significant debt burden that remains unresolved.
“You have a $2.5 billion debt, your bailout is only $3 billion, leaving $2.5 billion unresolved, and yet you claim the economy is turning around,” Mahama remarked.
He warned that the unaddressed debt could undermine any progress made, suggesting that the current government’s optimistic economic outlook is misleading.
“That alone could undo everything that has been achieved, which is why they are trying to paint a more favorable picture of their economic management before they leave office,” he said.
Mahama assured Ghanaians that his government would prioritize transparency about the true state of the economy.
“We will open the books when we take office and let Ghanaians know the real situation. Once Ghanaians understand the true state of affairs, they will better appreciate the measures we need to take to restore stability,” Mahama affirmed.
