Finance Minister Ken Ofori has announced that effective April 1, prices of petroleum products will be reduced by 15 pesewas per litre.
The minister noted that the possible reduction will cut prices of petrol by 1.6% and diesel by 1.4% respectively.
Speaking at a media briefing in Accra on Thursday, March 24, Mr. Ofori Atta indicated that the move falls in line with government’s resolve to strengthen the currency and help further stabilize the prices at the pump.
He emphasized that “To mitigate the impact of the rising price of petroleum products at the pump, for the next three months, government has decided to reduce margins in the petroleum price build-up by a total of 15 pesewas per litre with effect from 1st April”.
Ken Ofori Atta further stated that the Government will do all it can to ensure a consistent supply of fuel and manage the rate of the ex-pump price increase by ensuring that BoG has access to adequate foreign exchange.
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Source: ATLFMNEWS
