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Dumsor can’t go away without… - Deputy Finance Minister

Wednesday, 06 January 2016 20:05
The legacy debt in the power sector is estimated to be $1.4 billion The legacy debt in the power sector is estimated to be $1.4 billion

A Deputy Minister of Finance has emphasized that the country has gotten to a stage where difficult decisions must be taken.

According to the Deputy Minister, the introduction of the Energy Sector Levy is one of those decisions.

The Levy, Cassiel Ato Forson explains, will help in the retirement of the legacy debt in the power sector.

Speaking on TV3’s News 360 on Wednesday, January 6, the Member of Parliament for Ajumako/Enyan/Essiam Constituency said: “Everybody wants Dumsor to go away. Dumsor cannot go away without retiring the legacy debt.”

The legacy debt, which is said to be around $1. 4 billion, has been blamed by the Deputy Minister as one of the causes of the power crisis.

Mr Forson said a “huge improvement” has been made but the legacy debt needs to be retired in anyway possible.

President John Dramani Mahama has resolved to fix the power crisis. Efforts to do this led to the creation of the Ministry of Power.

Source: tv3network.com|Ghana