President John Dramani Mahama has directed a temporary reduction of GH¢2.00 per litre in the regulatory margin on diesel for one month.
In a statement issued by the Presidency Communications on Monday, August 3, 2026, the directive is said to be in line with a Cabinet decision and follows a similar successful intervention implemented in April 2026.
The temporary measure is 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.
The reduction takes effect from Tuesday, August 4, 2026, and will remain in force for one month unless otherwise reviewed by Government.
The Government said it will 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.
The statement was signed by Felix Kwakye Ofosu, Spokesperson to the President and Minister for Government Communications.
