The Government of Ghana has announced temporary measures to cushion consumers against rising petroleum prices driven by global market volatility.
In a statement issued by the Presidency, the government said it will absorb GH¢2.00 per litre on diesel and GH¢0.36 per litre on petrol, effective April 16, 2026, which marks the next fuel pricing window.
Relief for Consumers and Businesses
The intervention is aimed at reducing the financial burden on households, transport operators, and businesses that have been affected by increasing fuel costs.
According to the statement, the decision approved by Cabinet comes in response to significant rises in international petroleum prices, which have impacted ex-pump prices locally.
Temporary Measure
The government indicated that the relief measure will remain in place for one month, during which authorities will closely monitor global oil market trends.
Further policy adjustments may be introduced depending on how the situation evolves.
Commitment to Stability
The Presidency reaffirmed its commitment to maintaining price stability, protecting livelihoods, and supporting Ghana’s economic recovery amid external shocks.
The statement was signed by Felix Kwakye Ofosu, Spokesperson to the President and Minister for Government Communications.
The move is expected to provide short-term relief as Ghana navigates ongoing fluctuations in global energy markets.