The government has set aside GH¢13.9 billion in the 2027 Budget to settle outstanding legacy arrears, including GH¢4.3 billion owed to Independent Power Producers (IPPs).
Finance Minister Dr Cassiel Ato Forson announced the provision during the presentation of the 2027 Budget Statement and Economic Policy to Parliament on Thursday, November 12, 2026.
The allocation forms part of the government’s broader expenditure framework of GH¢389.2 billion for the 2027 fiscal year.
The GH¢4.3 billion earmarked for IPPs represents a portion of the total provision intended to address outstanding obligations.
The arrears clearance allocation comes alongside other energy-related provisions in the budget, including GH¢13 billion set aside separately to address energy sector payment obligations.
The provision is expected to support government’s efforts to settle outstanding commitments and manage its expenditure obligations.
Story by Freedom Etsey Lavoe
