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Ghana Forum/Business

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Government settles prolonged inter utility legacy debt of $203 million

ghanaweb.com/GhanaH...

submitted over 5 years ago by kojo

submitted over 5 years ago by kojo

  • A $203 million debt in the power sector was settled by various organizations in Ghana, including state-owned corporations and an Independent Power Producer, which had been affecting their financial performance and ability to secure investments.
  • The settlement was achieved through collaboration with the government and other agencies, aiming to improve the financial health of the organizations involved and enhance their credit ratings for future investments.
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