Expedite Disbursement Of The IMF Cash To The IPPs
Mon, 05 Aug 2024 13:00
I would like to appeal to the Minister of Finance to expedite the disbursement of funds to Independent Power Producers (IPPs), as a matter of priority.
Despite your announcement of the IMF cash release over a month ago, there has been no demonstrable commitment or action taken towards disbursing these funds to the IPPs. Your continuous delay is becoming unbearable and frustrating. The delay has significantly hindered the conclusion of the already prolonged re-negotiations with the IPPs regarding the settlement of legacy arrears.
It is imperative to resolve these financial obligations promptly to ensure a stable and reliable power supply. The continuity and stability of our power supply depend on this crucial step.
The timely disbursement of the funds is crucial to maintaining the trust and cooperation of the IPPs, Take immediate action to honor the debt and facilitate the conclusion of negotiations with the IPPs.
Dr. Elikplim Kwabla Apetorgbor - (CEO, Independent Power Generators, Ghana.)

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