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Today: December 18, 2025
December 6, 2025
1 min read

New Gov’t Explanation on Karpower Arrears Issue

 

By: The Fatu Network News Desk

The Ministry of Finance has presented what it describes as additional context to its earlier briefing, explaining that arrears owed to Karpowership were paid in advance earlier this year and that money from a 45 million dollar World Bank support package is expected to reimburse that payment once it is released.

This follows a message from the Turkish Embassy informing journalists that Karpower had already been fully paid and that no new payment was expected, an update that prompted public questions about the status of the arrears.

The Finance Minister’s original remarks to lawmakers had framed the arrears as still outstanding and said they would be settled through the new World Bank funds, a presentation that naturally created the impression that the payment was still pending.

The ministry’s latest statement introduces an explanation that was not included in the minister’s earlier briefing, leaving observers to consider how this new information fits into the timeline that was first presented.

 By: The Fatu Network News Desk The Ministry of Finance has presented what it describes as additional context to its earlier briefing, explaining that arrears owed to Karpowership were paid in advance earlier this year and that money from a 45 million dollar World Bank support package is expected to reimburse that payment once it The Fatu Network

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