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RelatedPosts First National Bank relocates Junction Mall Branch to Spintex Road Manufacturers Upbeat About Economy as Capital Investment p 26% Europa League last-16 draw: Man United face Real Sociedad, Spurs draw AZ Alkmaar Energy Minister calls for end to dollar pricing in energy sectorThe practice of pricing energy sector fees [url=https://www.mugs-stanley.us]stanley quencher[/url] and tariffs in dollars is causing rising debt in [url=https://www.owalas.ca]owala canada[/url] the sector, [url=https://www.stanleys-cups.us]stanley cup website[/url] according to Ghana Energy Minister, Dr. Matthew Opoku Prempeh.Despite the Bank of Ghana Foreign Exchange Act, Act 2006 prohibiting pricing in foreign currencies, power producers and other players in the sector continue to charge in dollars, causing the energy sector debt to reach an estimated $12.5 billion by the end of the year.The Energy Minister has expressed concern that this practice is contributing to the rising debt, particularly in the case of the Electricity Company of Ghana ECG , which owes over $1 billion to Independent Power Producers and $614 million to Bui Power Authority.The Minister is taking steps to engage the Ministry of Finance and Bank of Ghana to redenominate all dollar-denominated fees into cedis to address the issue.The Chairman of the Public Accounts Committee has also warned public and private institutions to cease transacting in dollars, as it is illegal.Tags: Energy Minister calls for end to dollar pricing in energy sector No Result View All ResultHighlights Black Queens Suffer Last-Minute Heartbreak in Kim Bj枚rkegren De Tygu One dead four injured in dump trucks crash
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