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Government extends GH¢2 diesel subsidy for two more months

By GhanaSummary Newsroom1 min read
Government extends GH¢2 diesel subsidy for two more months

The latest arrangement is therefore expected to provide continued relief at the pump while spreading the cost of the intervention between government revenue from the D-Levy and industry margins.

This means diesel will continue to receive a total subsidy of GH¢2 per litre, but the cost will now be shared between the government and industry through the reduction in the D-Levy and margins.

The government introduced the latest fuel price intervention on August 4 following a surge in global oil prices.

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