The economy of Ghana is slowly dipping lower as government seeks alternatives to rescue it. As government awaits financial relief from the IMF, the lives of Ghanaians keep falling. Many have criticized the Akufo-Addo government for failing to improve the lives of Ghanaians despite the many promises they made prior to the 2016 elections.
As the living conditions of Ghanaians get worse, prices of goods and services also keep soaring. For a while now the Public Utilities and Regulatory Commission for some time have been alerting Ghanaians about the possibility of prices of water and electricity shooting up. Today, Monday, August 15, 2022, they announced the new tariffs for end users.
According to the company a number of factors are contributing to these new prices. They explained that the depreciation of the cedi as well as expensive chemicals used in refining the water are the reasons why there is the need to increase tariff prices
However, the PURC also feel there is the need for increase to help them provide better services. According to them they have tried their best to make sure the new prices do not break Ghanaians. The company noted that this will not be the end but then they will keep monitoring the cedi and depreciation and based on that adjust their prices quarterly. They boldly insisted that prices can either go up or down based on their assessments over time.
This means that Ghanaians will have to brace themselves for what lies ahead. Already there have been varied concerns regarding the prices of these services. Many Ghanaians have called for a reduction as the current prices take a toll on salaries. Check out some of the reactions.
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