The International Monetary Fund (IMF) has described as prudent the government's decision to increase the Energy Sector Levy on each litre of petroleum products in Ghana.
The IMF argues that if the move could help in reducing the energy sector debt and improve Ghana's fiscal deficit situation, then the initiative should be welcomed.
Speaking at a News Conference in Washington, DC, USA, Director of Communications at the IMF Julie Kozack said, "This new measure will help generate additional resources to tackle challenges in Ghana's energy sector". "We also believe that this will help bolster Ghana's ability to deal with the fiscal challenges", the Director of Communications added.
Background President John Mahama last Thursday, June 5, 2025, signed the Revised Energy Sector Levy (Amendment) Bill 2025.
