The measure, approved by Cabinet, comes in direct response to surging international oil prices that have significantly impacted ex-pump fuel prices across Ghana. By absorbing a portion of the per-litre cost, the government aims to provide immediate relief to households, commercial transport operators, and businesses dependent on fuel.
According to the official statement issued by the Presidency on Wednesday, April 15, 2026, the intervention is temporary and limited to a period of one month. Within that window, the government will continue to closely monitor conditions in the global oil market and assess whether further policy adjustments are warranted.
The announcement underscores the government's stated commitment to maintaining price stability and protecting livelihoods amid ongoing external economic pressures. No details were provided regarding the fiscal mechanism or budgetary allocation backing the intervention.
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