US Edition'Eleventh-Hour U-Turn Epitomises Trial-and-Error' – Minority on Fuel Levy Postponement
6 Articles
6 Articles
In Ghana, fiscal policy is disrupted by the conflict between Iran and Israel. The government announced this weekend the postponement of the application of a new fuel tax to come into effect on June 16, 2025, with the authorities fearing an increase in oil prices due to the current geopolitical tensions. A decision welcomed by the critics of this new tax. Clarifications.
'Eleventh-hour U-turn epitomises trial-and-error' – Minority on fuel levy postponement
The government has postponed the implementation of the GH¢1 fuel levy The Minority in Parliament has taken a swipe at the government for its decision to postpone the implementation of the GH¢1 Energy Sector Levy due to rising tensions between Israel and Iran. The government had planned to begin the implementation of the Energy Sector […] The post ‘Eleventh-hour U-turn epitomises trial-and-error’ – Minority on fuel levy postponement appeared firs…
Analyst Defends Govt’s Suspension of 'Dumsor Levy' Amid Global Oil Shocks
In the wake of soaring Global oil prices triggered by renewed conflict between Israel and Iran, Ghana’s decision to suspend implementation of the Energy Sector Shortfall and Debt Repayment Levy (ESSDRL) has been described by policy analyst Alfred Appiah as a “measured and adaptive” move in uncertain times. Appiah praised the government for pivoting away from rigid policy application in response to global disruptions. “The government tried to ta…
Govt Postpones GH¢1 Energy Sector levy As Crude Oil Rallies Over Israel’s Attack on Iran
The Ghana Revenue Authority (GRA) has postponed the implementation of the GH¢1 energy sector levies Act, as amended, following a directive from the Minister of Finance in consultation with stakeholders. The levy which is charged on every litre of petrol and diesel at every purchase was due for implementation on Monday, June 16, 2025 from […]
Fuel Levy Act suspension due to Iran-Israel tensions - Energy Ministry - Live Ghana TV
The Ghanaian government has officially confirmed the postponement of new energy sector levies, a move designed to alleviate financial pressure on consumers. The Energy Sector Levies (Amendment) Act, 2025 (Act 1141), which was set to introduce an additional GH₵1 charge on a litre of petrol and diesel, and 20 pesewas on liquefied petroleum gas (LPG), has been put on hold. According to the Ministry of Energy and Green Transition, this decision is …
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