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We’ll Restore Stability In Energy Sector

Summary by DailyGuide Network
President John Mahama says the NDC government remains resolute in its commitment to restore stability in the energy sector despite the numerous financial challenges facing the sector. President John Mahama in his State of the Nation address (SONA) on Thursday, February 27 said despite collecting over GH¢ 45 billion in Energy Sector Levies (ESLA) over the last eight years, the NPP administration left a debt of GH¢70 billion in the energy sector a…
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Ghana Business NewsGhana Business News

NPP government left behind GH¢70b energy sector debt – Mahama - Ghana Business News

President John Mahama The President John Mahama says the New Patriotic Party (NPP) government left behind a staggering GH¢70 billion energy sector debt as at the end of December 2024. Giving the State of the Nation address in Parliament yesterday February 27, 2025, President Mahama said, “despite collecting over GH¢45 billion in Energy Sector Levies (ESLA) over the last eight years, the outgone NPP administration has left the Ghanaian people an …

·Accra Metropolis, Ghana
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THE TIMES OF AFRICATHE TIMES OF AFRICA

Ghana’s Path to Sustainable Growth: Strengthening Fiscal Reforms for Long-Term Stability | THE TIMES OF AFRICA

Ghana has made significant economic progress over the years, with an impressive annual GDP growth rate of 6.8% from 2008 to 2019. This growth, largely driven by oil production and debt accumulation, has also left the country highly vulnerable to external shocks. According to the World Bank Group’s latest Public Finance Review report, titled “Building the Foundations for a Resilient and Equitable Fiscal Policy,” Ghana’s recent debt crisis has bee…

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DailyGuide NetworkDailyGuide Network

We’ll Restore Stability In Energy Sector

President John Mahama says the NDC government remains resolute in its commitment to restore stability in the energy sector despite the numerous financial challenges facing the sector. President John Mahama in his State of the Nation address (SONA) on Thursday, February 27 said despite collecting over GH¢ 45 billion in Energy Sector Levies (ESLA) over the last eight years, the NPP administration left a debt of GH¢70 billion in the energy sector a…

·Ghana
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pulse.com.ghpulse.com.gh

Akufo-Addo left 70 billion cedis energy sector debt despite ESLA—President Mahama

President John Dramani Mahama has revealed that the Akufo-Addo-led administration left a staggering debt of 70 billion cedis in the energy sector despite collecting substantial revenues from the Energy Sector Recovery Levy (ESLA). Speaking during the 2025 State of the Nation Address, Mahama highlighted the dire state of the energy sector inherited by his administration and the urgent need for reforms to stabilise the sector and safeguard Ghana’s…

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MX24MX24

The state of our nation is not good - President Mahama to Ghanaians

President John Dramani Mahama has expressed deep concern over the state of the nation, stating that Ghana’s economy is in crisis and citizens are experiencing severe hardships. Speaking during his first State of the Nation Address (SONA) in his second term on Thursday, 27th February, in Parliament, he insisted that urgent measures were needed to address the economic downturn. “The state of our nation is not good. Our economy is in crisis and our…

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GhArticles.comGhArticles.com

Ghana’s Public Debt Hits GHS721bn; ECG and COCOBOD Deep in Debt – Mahama

President John Dramani Mahama has painted a bleak picture of Ghana’s economy, revealing that the country is struggling under massive debt. Delivering his first State of the Nation Address (SONA) of his second term on February 27, 2025, he described the nation as “broken on many fronts” due to financial mismanagement and unsustainable debt levels. According to Mahama, Ghana’s public debt has surged to GHS721 billion, placing severe strain on the …

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GhArticles.com broke the news in on Thursday, February 27, 2025.
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