Ghana Fuel Prices Set for Significant Drop

Ghana's fuel prices are expected to drop significantly, according to the Ghana Road Transport Coordinating Council. The council will meet with the sector minister to discuss a possible reduction of 6.7% to 8.8% per liter. Emmanuel Ohene Yeboah, the General Secretary of the Council, stated that "We hope to see a significant drop between six and eight percent." However, he emphasized the need for government assurance to maintain price stability for at least 90 days. The current fuel price is 3.2790 per litre. This decision will have a significant impact on the Ghanaian economy and transportation costs. The meeting between the council and the minister is expected to bring clarity and potentially further reductions in the coming days.