Govt reduces diesel pump price by GH¢2

“I think it is a good bargain or a good trade-off for the likely economic impact we would have had if the government had not taken this intervention decision," he said.

Cost-benefit analysis Mr Amoah estimated that the one-month intervention would cost the government between GH¢200 million and GH¢225 million in forgone revenue."For consumers of diesel, the government seems to have done something quite significant to ensure you don't pay in excess of GH¢19 for a litre of diesel," Mr Amoah said.