President John Dramani Mahama has directed a temporary reduction of GH¢2.00 per litre in the regulatory margin on diesel as part of government efforts to cushion consumers, stabilise transport fares and ease inflationary pressures.
The directive, announced by the Presidency on Monday, August 3, 2026, follows a Cabinet decision and builds on a similar intervention implemented in April this year.
According to a statement signed by the Minister for Government Communications and Presidential Spokesperson, Felix Kwakye Ofosu, MP, the reduction will take effect from Tuesday, August 4, 2026, and will remain in force for one month, unless reviewed by the government.
The Presidency explained that the intervention is intended to shield consumers from rising fuel costs, prevent increases in transport fares, contain inflationary pressures and reduce the impact of higher fuel prices on the cost of living.
“His Excellency the President has directed that in line with the decision of Cabinet and the successful intervention implemented in April 2026, the regulatory margin on diesel be reduced by GH¢2.00 per litre for one month,” the statement said.
Government further indicated that it would continue to closely monitor developments in the international energy market and introduce additional policy measures where necessary to safeguard the interests of Ghanaians and sustain the country’s economic recovery.
The latest intervention forms part of broader government efforts to mitigate the impact of global fuel price fluctuations on households and businesses while maintaining macroeconomic stability.
