By: Franklin ASARE-DONKOH
The International Monetary Fund (IMF) says it supports the proposed utility tariff adjustments by the various power producers, describing the proposals as vital to fixing inefficiencies and attracting investment into the country’s electricity sector.
Addressing journalists in Washington, D.C., on Thursday, September 11, 2025, the IMF’s Director of Communications, Julie Kozack, said the Fund’s backing is linked to the broader goal of restoring financial stability in the country’s energy sector.
The IMF’s comments come as the Public Utilities Regulatory Commission (PURC) considers new tariff adjustments, expected to take effect from October 1, 2025.
“What is essential from our perspective is that any tariff adjustments in the electricity sector aim to address longstanding inefficiencies in the sector, importantly, that they support much-needed investment in the electricity sector, and also that they are aimed at preventing the accumulation of arrears in the energy sector,” she explained.
According to Ms. Kozack, the Fund’s support goes beyond tariff reviews. “More generally, we are continuing to support broader sector reforms including private sector participation in ECG operations,” she noted.
She pointed out that the reforms are part of ongoing efforts to improve the performance of state-owned enterprises and reduce fiscal risks.
