ACEP Warns Ghana’s Energy Subsidies Have Become a Major Fiscal Threat

ACEP Warns Ghana’s Energy Subsidies Have Become a Major Fiscal Threat

The Executive Director of the Africa Centre for Energy Policy (ACEP), Benjamin Boakye, has issued a stark warning about Ghana’s growing energy subsidies, describing the country’s current approach to managing the power sector as financially unsustainable and detrimental to national development priorities.  Speaking in Accra, Mr. Boakye revealed that the government is projected to spend an average of GHS 30 billion in the medium term on electricit…