The International Monetary Fund (IMF) has endorsed Ghana’s utility tariff adjustments, describing them as essential for addressing inefficiencies and attracting investment into the country’s electricity sector.
At a press briefing in Washington, D.C., on Thursday, September 11, 2025, IMF Communications Director Julie Kozack said the move is tied to broader efforts to restore financial stability in the energy sector.
“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.
Kozack added that the IMF’s support extends beyond tariff reviews. “More generally, we are continuing to support broader sector reforms, including private sector participation in ECG operations,” she noted, stressing the need to improve the performance of state-owned enterprises and reduce fiscal risks.
Her remarks come as the Public Utilities Regulatory Commission (PURC) considers new tariff increases scheduled to take effect from October 1, 2025.
The Commission is currently consulting stakeholders on proposals from utility providers, including the Electricity Company of Ghana (ECG), which has requested a more than 200 percent increase.
The proposed tariff review, according to the PURC, is intended to ease the energy sector’s mounting debt burden and strengthen the sustainability of electricity supply in the long term.
