Julie Kozack, the Director of the International Monetary Fund (IMF) Communications Department, has backed the government Energy Sector Shortfall and Debt Repayment Levy.
The IMF stated that the GH¢1 fuel levy is a tactical approach consistent with the nation’s financial objectives under the Extended Credit Facility (ECF) program.
Julie Kozack stated that the measure will enhance Ghana’s capacity to achieve the fiscal goals outlined in the programme.
Speaking at a press briefing, Julie Kozack stated, “On the fuel levy, what I can say is that this is a new measure that will help generate additional resources to tackle the challenges in Ghana’s energy sector, and it is also going to bolster Ghana’s ability to deliver on the fiscal objectives under the programme”
NKONKONSA.com
