President John Dramani Mahama has directed a temporary GH¢2.00 reduction in the regulatory margin on diesel as part of measures to cushion consumers against rising fuel costs and ease inflationary pressures.
The directive, announced by the Presidency Communications Office on Monday, August 3, 2026, follows a Cabinet decision and builds on a similar government intervention implemented in April this year.
According to the statement, the regulatory margin on diesel will be reduced by GH¢2.00 per litre for a period of one month.
The Presidency said the intervention is intended to prevent increases in transport fares, contain inflationary pressures, and reduce the impact of higher fuel prices on the cost of living for Ghanaians.
The measure will take effect from Tuesday, August 4, 2026, and will remain in force for one month unless the government decides to review it.
Government also assured the public 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 statement was signed by the Minister for Government Communications and Presidential Spokesperson, Felix Kwakye Ofosu.
Story By: Eric Boateng
