GHANA: THREATS TO POWER SUPPLY DEMONSTRATE EXTENT OF DEBT-BURDENED SECTOR
Thu, 15 August 2019
Despite concerns that independent power producers will cut off supplies over sizable arrears owed by state agencies, the government will continue to intervene to ensure a stable supply of power. However, a secondary effect of the arrears is impacting fuel importers who already face heightened government non-payment risk. The viability of future LNG imports may also be threatened as import bills face long delays and cumbersome disputes.
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