Finance Ministry releases GHC1.2bn part payment for free electricity, water services
over GHC 600 million left to be paid by the finance ministry
Jonas Danquah 
The Ministry of Finance has released about GH¢1.2 billion as part payment for the free electricity and water supplied to Ghanaians to cushion them amid the COVID-19 pandemic..
The ECG received at least GH¢1 billion as part payment for the free power it supplied to the public.
Also, per a report by Graphic.com, the Ghana Water Company Limited (GWCL), received about GH¢180 million for providing free water to the general public since the outbreak of COVID-19 in the region.
READ ALSO:
Ghana's debt stock hits GH¢286.9 billion
The Ministry of Finance disclosed that the Minister-designate for Finance, Mr Ken Ofori-Atta, had budgeted GH¢1.8 billion for the provision of free electricity and water.
This means that the Ministry of Finance has to find a balance of more than GH¢632 million if the budgeted amount tallies with the final invoices to be raised by the two utility service providers.
However, in the event that the final bill from the two utility companies exceeds the over GH¢1.8 billion budget, the government would have to look for the additional money to pay.
