The Government of Ghana has introduced a series of temporary measures aimed at mitigating the impact of rising petroleum prices on the domestic market.
In a statement released by Presidency Communications on Wednesday, April 15, 2026, the government announced it would absorb a portion of the costs for both diesel and petrol to provide relief to citizens and businesses.
Starting from the next pricing window on April 16, 2026, the state will absorb GH¢2.00 per litre on diesel and GH¢0.36 per litre on petrol.
This strategic intervention follows a Cabinet approval intended to cushion households, transport operators, and the wider business community from the recent volatility seen in global oil markets.
International price surges have placed significant upward pressure on ex-pump prices across the country, prompting this immediate fiscal response.
According to the Minister for Government Communications and Spokesperson to the President, Felix Kwakye Ofosu, the intervention is scheduled to remain in force for an initial period of one month.
During this timeframe, the government intends to maintain a close watch on international market developments to determine if further policy adjustments or extensions will be required.
The official communique further emphasised the administration’s commitment to maintaining price stability and protecting the livelihoods of Ghanaians during the ongoing economic recovery.
By: Rainbowradioonline.comz/Ghana
