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
Niger junta accuses France, Benin, Côte d’Ivoire of backing attack Gunfire reported near Niamey airport amid ECOWAS tensions Border closure with Benin...
African Union, U.S. launch infrastructure and investment working group Initiative targets trade, logistics, digital projects under Agenda 2063 Group...
Coffee, cocoa price slump leaves 1,500 tonnes unsold in Togo Cocoa prices fall sharply, halving exports year-on-year Sector urges coordinated losses...
Egypt signs Schneider Electric pact to advance green economy transition 2026-2029 partnership supports climate-resilient agriculture and food...
Most Read
01

Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...

Global Firepower Index 2026: Egypt, Algeria, Nigeria Lead Africa's Military Rankings
02

Circular migration is based on structured, value-added mobility between countries of origin and host...

Circular migration as a lever to turn Africa’s student exodus into value
03

BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitiz...

BRVM Lists Burkina Faso’s First Securitization Fund Bonds
04

CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...

Ethiopia’s CBE launches digital platform to channel diaspora remittances
05

President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...

Nigeria approves targeted incentives to speed up Shell’s Bonga South West project
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.