ECG Taskforce
The CSOs Budget Forum wants government to privatise the Electricity Company of Ghana (ECG) to inject some efficiency into its operations.
The call comes on the back of recent GHC 2 million loss made by the company between January to September 2023.
According to the group various studies conducted reveals privatising the operations of the state company is the best option to enhance its operation.
Addressing journalists at a news conference on Thursday (9 November in Accra to present its recommendations to government in some critical sectors ahead of the 2024 Budget Presentations in Parliament, a member of the forum, Abdul Kareem Muhammed said ECG has been inefficient.
“ECG has failed to manage itself, so we are asking that they consider a return to the private sector participation arrangement, but we are not asking to go back to the days of PDS.”
“Within the last 6 months or so, the tarrifs have been increased by about 100 percent but liquidity has worsened within the same period, so whereas the tarrif has increased, their cash position is even worse now,” he said.
Listen to Abdul Kareem Muhammed in the attached audio clip below:
The CSOs Budget Forum comprises 13 Civil Society Organisations (CSOs) namely; ACT Africa, NRGI, OXFAM, Revenue Mobilisation Africa, Watch Africa, Ghana Anti-Corruption Coalition, SEND Ghana, Africa Education Watch, Economic Governance Platform, ACEP, Tax Justice Coalition, BudgiT Ghana and Peasant Farmers Association of Ghana.
Reporting by Fred Dzakpata in Accra
