The Institute for Energy Security is calling for the government to suspend the Price Stabilisation and Recovery Levy.
This call comes as global oil prices continue to increase significantly.
The institute believes pausing the levy will bring relief to consumers struggling with rising fuel costs.
They stated that the current global situation puts a heavy burden on ordinary citizens at the pump.
The Price Stabilisation and Recovery Levy is part of the taxes applied to petroleum products in Ghana.
Its purpose is to help stabilize fuel prices when international market prices change.
Suspending the levy would mean this element of taxation is temporarily removed.
This action could lead to a reduction in the price of petrol and diesel for consumers.
The institute is urging government officials to consider this measure to ease financial pressure.
