Ghanaian Energy Levy Sparks Debate: Expert Questions Government's Rationale

Ghanaian Energy Levy Sparks Debate: IERPP Questions Mahama's Rationale Accra, Ghana – The introduction of a new energy sector levy by President Mahama has sparked heated debate in Ghana. The Institute of Economic Research and Public Policy (IERPP) has voiced strong concerns, questioning the government's justification for the measure. In a recent interview, Prof. Isaac Boadi, Executive Director of IERPP, highlighted the potential negative impacts of the levy on the Ghanaian economy. "The rationale provided by the government is not convincing," Boadi stated. "We believe there are alternative ways to address the energy sector's financial challenges without imposing additional burdens on the citizens." Boadi further emphasized the need for greater transparency and accountability in the management of energy sector funds. He suggested that a thorough audit of existing resources could reveal opportunities for cost savings and improved efficiency. The IERPP's concerns underscore the importance of careful consideration of economic policies and their potential consequences on the lives of ordinary Ghanaians. The debate continues as citizens and policymakers grapple with the implications of this new levy.