The minister designate for Evaluation and Monitoring, Dr. Anthony Akoto Osei has hinted of plans to help restructure the country’s energy debts.
Taking his turn at the ministerial vetting committee on Monday, Dr. Akoto Osei said his ministry has plans to collaborate with the energy and financial ministries to ensure that the country is not plunged into erratic power supply.
He emphasized that “If you have 200 million in your budgets and you go and give 800 million, and then obviously there will be debts. So you need to stick to your budget. The nature of the energy sector is that it deals with big finances, and if we stick by our budget the issue of arrears will not arise.
He adds that as a member of the economic management team, his outfit will not hesitate to advice the finance ministry on the outcome of negotiation of the IMF programme.
“As a member of the economic management team, my advice is to support the finance minister when he meets the EMT, and we will be around to advise him to take it to parliament because it is constitutional”
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