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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe Ghanaian Parliament adopted on Tuesday, June 03, 2025 in Accra the 2025 bill to amend the tax on the energy sector.
The project foresees an increase of 1 GH¢ on petroleum products. The tax of 1 GH¢ is 53 CFA francs on each liter of fuel purchased by citizens. It will raise GH¢ 5.7 billion and aims to generate additional revenue to meet the country's crippling energy sector debt and ensure a stable electricity supply. The bill, entitled “Amending the Energy Sector Tax Act of 2025,” proposes an increase in the deficit tax and the repayment of energy sector debt in order to generate additional revenue to finance the payment of energy sector arrears, reduce existing debt, and ensure the stability of energy supply. electricity all over the country
.The finance minister assured that the tax increase will not lead to higher fuel prices at the pump, a concern expressed by many Ghanaians given the current economic pressures. According to the minister, increasing the tax is a more balanced alternative that will avoid passing on costs directly to consumers
.
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