Ghana govt quietly reintroduces fuel subsidies – oil importers

World News: 11:38 GMT Friday 20th June 2014. [Engineering News via SPi World News]

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Ghana's government quietly reintroduced fuel subsidies in April and has spent around $85-million since then in extra payments, the head of the Chamber of Bulk Oil Distributors (CBOD) told Reuters on Friday. The subsidies were scrapped early last year in a bid to reduce the budget deficit and restore macro-economic stability in Ghana. The reintroduction has not been publicly announced and senior government officials were unavailable for comment.

Read More: http://www.engineeringnews.co.za/article/ghana-govt-quietly-reintroduces-fuel-subsidies-oil-importers-2014-06-20

Published: 2014-06-20T11:38:00.

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