President John Dramani Mahama has directed a temporary reduction of the regulatory margin on diesel by GH¢2.00 per litre for one month as part of measures to ease the burden of rising fuel costs on consumers.
The directive, issued in line with a Cabinet decision and following what the government described as the successful implementation of a similar intervention in April 2026, will take effect from Tuesday, 4 August 2026. The measure will remain in force for one month unless reviewed earlier by the government.
According to the communiqué, the temporary reduction is intended to cushion consumers against higher fuel prices, prevent increases in transport fares, contain inflationary pressures and reduce the impact of rising fuel costs on the overall cost of living.
The government said the intervention forms part of its broader efforts to protect households and businesses while supporting the country’s ongoing economic recovery.
It also assured the public that it would continue to monitor developments in the international energy market and introduce additional policy measures where necessary to safeguard the interests of Ghanaians and maintain economic stability.
