IMF bailout: Energy area overabundance limit commitment is an illusion of government's creative mind - John Jinapor
Positioning Member on the Energy Committee of Parliament, John Jinapor has questioned the Vice-President's statement that installment of GHC17bn for energy area overabundance limit added to the monetary troubles of the country.
Dr. Mahamudu Bawumia while talking at its send off Programs at Accra Business School on Thursday, focused on that installment of the energy area abundance limit and monetary area tidy up constrained the public authority to decide on an IMF program.
However, John Jinapor in a meeting on Top Story, Thursday, said "Let me put on record that the purported installment of GHC17bn for energy area overabundance limit is a fabrication of creative mind of this administration".
As indicated by John Jinapor, the public authority has not paid the said sum, focusing on that "it exists no place".
He referred to page 30 of the 2021 report of the Public Interest and Accountability Committee to expose the Vice-President's case.
JoyNews/AdomNews · IMF bailout: Energy area overabundance limit commitment is a fabrication of creative mind - John Jinapor
He cited the report which expresses that, "despite the fact that gas installments are to be made to the oil holding reserve, they were paid straightforwardly to gas providers and specialist organizations, for example, WABCO and OTCP accounts."
John Jinapor declared that "promptly they [NPP] won power, apparatchiks and specialists of this administration went to shape an organization called Stratcon Energy. At the point when Stratcon supplies the fuel, Finance Minister Ken Ofori-Atta chooses to pay them straightforwardly on the grounds that ECG is making misfortunes of 30%… and that multitude of misfortunes since they can't pay, the Ministry of Finance goes to pay those misfortunes."
This, he said doesn't comprise the energy area abundance limit.
"The Vice-President could require some schooling on what is abundance limit," he told Evans Mensah.
He tested the Finance Ministry and the Energy Ministry to give subtleties of such installments to the general population.
The Yapei Kusawgu MP further noticed that the Energy Minister had guaranteed before the House that the "complete installment to IPPs; that is the setbacks and some other thing is about GHC900m."
John Jinapor battled that the main explanation the country's economy is wrecked is "due to wild acquiring, not spending on need issues and participating in unimportant use".
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