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Accounting for Power: A Critical Analysis of Finance Minister’s Claims on Revenue Recognition and Arrears owed Independent Power Generators

At a recent Press Conference at the Ministry of Finance, the Finance Minister, Hon. Amin Adams, suggested that revenue recognition and arrears owed to Independent Power Producers (IPPs) under Power Purchase Agreements (PPAs) are realized solely through the monthly invoices received and paid by the Electricity Company of Ghana (ECG). This assertion oversimplifies the complexities […]