By Iddi Yire, GNA
Accra, Aug 03, GNA – President John Dramani Mahama has directed that in line with the decision of Cabinet and the successful intervention implemented in April, 2026, the regulatory margin on diesel be reduced by GHS 2.00 per litre for one month.
A statement issued by Mr Felix Kwakye Ofosu, Presidential Spokesman and Minister of State in-charge of Government Communications, said this temporary intervention was intended to cushion consumers, prevent transport fare hikes, contain inflationary pressures, and mitigate the pass-through effect of higher fuel prices on the cost of living.
It said this directive shall take effect from Tuesday, 4th August, 2026, and shall remain in force for one month, unless otherwise reviewed by the Government.
The statement said the Government would continue to monitor developments in the international energy market closely and take additional policy measures, where necessary to protect the interests of the Ghanaian people and sustain economic recovery.
GNA
Edited by George-Ramsey Benamba