Ghana's Energy Crisis: A $3.1 Billion Debt and the Urgent Need for Reform

Ghana's Energy Crisis: A Nation Drowning in Debt Ghana's energy sector is facing a severe crisis, burdened by a massive debt of $3.1 billion. This staggering figure, revealed by the Finance Minister, underscores the depth of the problem. A recent television interview with Ama Pratt, an expert in the field, sheds light on the situation. "That money shook me. I was like, 3.1 billion dollars!" Pratt exclaimed, expressing her shock at the scale of the debt. Pratt emphasized that this debt is not merely a financial issue; it represents a critical economic risk for all Ghanaians. The cost of liquid fuel, she explained, is not even fully factored into the tariffs paid by consumers, creating a significant gap in the system. The interview highlights the need for immediate action to address the energy crisis, and the urgency of finding solutions to alleviate the burden on the Ghanaian people. The government's commitment to resolving this issue is crucial for the country's economic stability and the well-being of its citizens.