Ghana news briefing
Parliament passes new fuel tax law to stop smugglers from cheating the system
He pointed out that when the Finance Ministry conducted the time series analysis, on average every month fuel oil that should be sold in the country using the time series analysis for the last five years meant that government of Ghana should be selling five million litres per month for fuel oil.
No increase on petroleum products Dr Forson informed the House that fuel oil was not used by motorists but used by industry, and emphasised that there would be no tax increase on petroleum products.
The Bill is to amend the Energy Sector Levies Act, 2025 to increase the Energy Sector Shortfall and Debt Repayment Levy (ESSDRI) as well as the road fund levy on fuel oil.
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