A coverage analyst and co-chair of the Ghana Extractive Industry Transparency Initiative, Dr. Steve Manteaw, has accused authorities of getting a hand withinside the excessive increment in price lists, proposed through application provider companies.

According to him, the failure of the presidency to deal with the demanding situations withinside the economic system is what has pressured the application provider companies to the desk of the stated proposals.

“The needs that the application groups are making are normally reflective of the demanding situations in the large macroeconomic sphere, together with inflation, this is spiralling out of control. A Cedi that can't stand its floor towards predominant buying and selling currencies. Interest costs have fallen at the back of inflation. And for those reasons, authorities bares a part of the obligation for the remarkable tariff will increase that the groups are asking”, he explained. He brought that, “If authorities had been to control the macroeconomic system very well, and if our Cedi had been to preserve its floor towards the predominant buying and selling currencies, possibly the quantity of the call for wouldn’t be as astronomical as it's miles now”. Dr. Manteaw made those remarks, even as contributing to discussions on Newsfile on Saturday when it comes to the proposed tariff increments through application provider companies withinside the country. He intimated that the proposed increments also can be blamed on ‘the deliver chain disruptions springing up out of the COVID-19 consequences and the overall charge will increase globally’.

Currently, the Electricity Company of Ghana is traumatic a 148% boom in tariffs. A concept from the energy distributor, submitted to the Public Utilities Regulatory Commission (PURC), wishes the adjustment to cowl the length of 2019 and 2022. It additionally proposed a mean boom of 7.6% in tariff over the following 4 years to cowl Distribution Service Charges (DSC).

On its part, the Ghana Water Company Limited (GWCL) is likewise traumatic a 334% boom in tariffs. The GWCL in its concept stated over the years, that the permitted price lists have now no longer been cost-reflective. These proposals have generated sizeable conversation, with many Ghanaians expressing their disapproval of the same. Following the issues raised, GWCL said that ought to the overall public refuse to help the company’s power to get clients to pay practical price lists, it can ought to halt operations withinside the future. Amidst those controversies, the Public Utilities Regulatory Commission (PURC) is predicted to announce new application price lists through July 1, 2022. According to the Acting Director of Research and Corporate Affairs at PURC, the Commission has been interrogating the groups for the reason that receiving the proposals to examine their want for tariff increment.

Speaking on Newsfile on Saturday, Dr. Eric Obutey said that “for now, we're approximately completing the stakeholder consultations. In the approaching weeks, we can be assembled with the Parliamentary Select Committee on Mines and Energy and we can be assembled with the TUC as well”. Aside from those entities, the PURC, Dr. Obutey brought, will even have a listening to wherein the overall public might be advocated to voice their issues at the increments that ECG and GWCL are proposing. “The Commission is calling at the primary of July to provide you with adjustment in price lists.

So among now and the centre of June, we can be having those stakeholder engagements and public hearings and we can do all of the quantity crunchings and provide you with a tariff”, Dr. Obutey stated.

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