Renowned economist, Professor Godfred Alufar Bokpin, has weighed in on the government's controversial GH¢1 fuel levy, describing it as a difficult but necessary step to protect Ghana's fragile economic recovery.
Speaking on Morning Starr with Naa Dedei Tettey, Prof.
Bokpin admitted that while public outrage over the levy is understandable, Ghanaians must prepare for more tough policy choices if the country is to achieve lasting economic stability. "Let's bear in mind there are difficult, painful decisions ahead that we have to take if Ghana wants to have a bright future," he said. "And if we are not careful and we don't navigate this transition very well, how do you move from this shock therapy to progressive spending without causing disruption in the economy?" His comments come in the wake of Parliament's approval of the GH¢1 Energy Sector Levy on every litre of fuel, introduced under the Energy Sector Levy (Amendment) Bill, 2025.
The levy is designed to help the government clear mounting debts in the energy sector, particularly owed to power producers and fuel suppliers, and to improve electricity supply across the country.
