The Institute for Energy Security IES has made a call to the government. They want the Price Stabilisation and Recovery Levy to be suspended.
This request comes as global oil prices continue to rise sharply. These increasing international prices affect the cost of fuel in Ghana.
IES states that the levy adds to the financial strain on consumers. They believe suspending it would ease the burden on drivers and households.
The Price Stabilisation and Recovery Levy is part of the pricing of petroleum products in the country.
By removing this specific levy, consumers might see a reduction in the pump price of fuel.
IES hopes the government will consider their recommendation to help Ghanaians cope with the current economic situation.