President Nana Akufo-Addo has hinted that government is adopting measures to find the required funds needed to clear the huge debt the Energy Sector is saddled with.
The president gave the hint in Zambia, during his interaction with the Ghanaian community.
According to him, the Finance Minister, Ken Ofori-Atta, is championing this process adding, “The debt of some 2.4 billion dollars in our Energy Sector is making it difficult to attract investment into the Energy sector. This is not allowing us to retool and recapitalize our facilities and therefore once again, solving this financial problem is a very acute problem for us.”
“I have a very imaginative and excellent Finance Minister. He has a problem and I have a problem. He is also my cousin and a lot of people say I have made my cousin the Finance Minister, but I say to myself that if I find someone who has the capability and the ability because he is my cousin I should deny myself the opportunity to work. I will not think of it that way. He is one of the best Finance Ministers our country will ever have. He is already beginning to show it.’’