President John Dramani Mahama has directed a GH¢2.00 per litre reduction in the regulatory margin on diesel for one month, in a move aimed at cushioning consumers and preventing transport fare increases, according to a statement from the Presidency dated Monday, August 3, 2026.
The directive, announced by Government Communications Minister and Presidential Spokesperson Felix Kwakye Ofosu, follows a Cabinet decision and builds on a similar intervention successfully implemented in April 2026.
The reduction takes effect from Tuesday, August 4, 2026, and will remain in force for one month unless otherwise reviewed by government.
According to the statement, the temporary measure is intended to cushion consumers, prevent transport fare hikes, contain inflationary pressures, and mitigate the pass-through effect of rising fuel costs on the general cost of living.
The government said it will continue monitoring developments in the international energy market and will take additional policy measures where necessary to protect the interests of Ghanaians and sustain the country’s ongoing economic recovery.
The move adds to a series of fuel pricing interventions Ghana has rolled out over the course of 2026, as the government continues to navigate a volatile global energy market alongside domestic cost-of-living pressures.
