Ghana news briefing
Government’s GH¢2 diesel subsidy offers timely relief, not a long-term solution – IES
The Institute for Energy Security (IES) has welcomed the government's decision to subsidise diesel by GH¢2 per litre, describing it as a timely intervention that will help cushion consumers against rising fuel prices and ease inflationary pressures."That is good news for all Ghanaians because IES earlier this morning also put out a press release suggesting that government should act immediately to cushion consumers.
According to him, the uncertainty surrounding global crude oil prices makes it impossible to predict how long government may need to maintain the intervention.
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