Minister of Finance, Dr Mohammed Amin Adam, has stated that the current parliamentary impasse has affected the debt restructuring agreement with some Independent Power Producers (IPPs).
Addressing the press during the finance ministry's monthly economic briefing, Dr Amin Adam pointed out that although three of the IPPs have either signed or are on course to sign, two other power producer agreements have stalled due to the current holdup in parliament.
He pointed out that the agreements between the two, Cen Power and Amandi, require parliament's approval.
This, the Member of Parliament for Karaga constituency believes has stalled critical government business. "We concluded negotiations with the Independent Power Producers and some of them have signed off.
