Mahama Orders GH₵2 Reduction in Diesel Price for One Month
President John Dramani Mahama has directed a GH₵2.00 reduction in the regulatory margin on diesel per litre for one month, in a move aimed at cushioning consumers and containing inflationary pressures.
The directive, announced by the Presidency in a statement dated Monday, August 3, 2026, and signed by Felix Kwakye Ofosu, Spokesperson to the President and Minister for Government Communications, follows a similar intervention implemented in April 2026.
According to the statement, the temporary measure is intended to prevent transport fare hikes, contain inflation, and mitigate the pass-through effect of higher fuel prices on the cost of living.
The reduction will take effect from Tuesday, August 4, 2026, and will remain in force for one month unless otherwise reviewed by Government.
The Presidency said Government will continue to monitor developments in the international energy market closely and will take additional policy measures where necessary to protect the interests of Ghanaians and sustain economic recovery.
It follows a sharp rise in the prices of fuel at the pumps.
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