Finance Minister Dr. Cassiel Ato Forson has reaffirmed the government’s commitment to driving progress in the power sector. Following a productive meeting with Cenpower and the Export Credit Insurance Corporation of South Africa, Dr. Ato Forson expressed his dedication to fully implementing the Cash Waterfall Mechanism.
This mechanism is designed to clear all legal arrears, paving the way for a sustainable and thriving future for the industry. With energy playing a vital role in economic growth, the minister’s pledge is a welcome step towards ensuring a reliable and efficient power supply.
Dr. Ato Forson’s efforts align with his broader vision for Ghana’s economic development. As he mentioned during his welcome ceremony at the Ministry of Finance, his priorities include creating jobs, maintaining prudent fiscal management, stabilizing the exchange rate, and reducing inflation.
The finance minister’s commitment to progress in the power sector is a testament to his determination to restore economic stability and foster growth. As Ghana continues on its path towards development, Dr. Ato Forson’s leadership is poised to play a crucial role in shaping the country’s economic future.
Ruth Abla ADJORLOLO
