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Thursday, December 5, 2024

Finance Minister blames Parliament for failure to complete IPPs debt restructuring agreement

The Minister of Finance, Dr. Mohammed Amin Adam, has attributed delays in finalizing the debt restructuring agreement with some Independent Power Producers (IPPs) to the ongoing parliamentary impasse.Speaking during the Finance Ministry’s monthly economic briefing, Dr. Amin Adam explained that while three IPPs—AKSA, Asogli, and Zenit—have either signed or are close to signing agreements, the process has stalled for Cen Power and Amandi.

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