News

Ghana Cuts Fuel Perks for Political Appointees in Major Cost-Saving Drive

Ghana Cuts Fuel Perks for Political Appointees in Major Cost-Saving Drive
Wednesday, 16 July 2025 15:01

• President Mahama ends fuel perks for political appointees to cut costs
• Reforms include fewer ministries and scrapping government TV subscriptions
• Economic plan targets illegal mining, inflation, and tax reform to boost revenue

President John Dramani Mahama has eliminated fuel allowances and fuel provisions for all appointed political officials, presidential spokesperson Felix Kwakye Ofosu announced in a statement released Tuesday, July 15, 2025.

President Mahama stated that leaders must "bear their part of the sacrifices they are calling on the people to make." This decision is part of a broader effort to cut costs and redirect public funds toward priority sectors.

The action is consistent with a wider public spending reduction strategy. It follows several reforms designed to streamline government expenses and improve policy effectiveness. Previous measures include reducing the number of ministerial portfolios from 30 to 23 and canceling satellite TV subscriptions for the Presidency and other government offices.

President Mahama has also initiated a structural reform program to revitalize the economy and address public expectations. Key objectives include combating illegal mining, curbing price increases, and overhauling the Revenue Administration Act. This overhaul aims to boost tax collection efficiency and increase net state revenues by 2%.

Lydie Mobio

On the same topic
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treatment, energy recovery in Douala and...
Ethiopia and Italy sign bilateral debt restructuring agreement Deal follows G20 framework, unlocking over $3.5 billion...
Rwanda launches Nyungwe-Ruhango ecosystem restoration project backed by GEF funding REMA to implement across Southern Province under Green Amayaga...
Cameroon plans a CFA40 billion capital increase for BC-PME, pending regulator approval Funds will support lending to agriculture-linked sectors under...
Most Read
01

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
02

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
03

Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...

Telecel Ghana plans 150% investment increase in MTN-dominated market
04

ECOWAS is proposing a regional digital platform for passengers to file and track complaints online...

ECOWAS Considers Regional Platform to Enforce Air Passenger Compensation
05

World Bank announces $137 million to boost West Africa digital economy Program expands broad...

Benin, Liberia and Sierra Leone Receive $137M to Expand Digital Access for 5.2 Million People
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.