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Govt to engage transport operators on fare reduction amid falling fuel prices

Gov’t to engage transport operators on fare reduction amid falling fuel prices

April 20, 2025
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Gov’t to engage transport operators on fare reduction amid falling fuel prices

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Govt to engage transport operators on fare reduction amid falling fuel prices

Govt to engage transport operators on fare reduction amid falling fuel prices

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Deputy Finance Minister, Thomas Ampem Nyarko, has announced the government’s intention to engage transport operators to reduce fares in response to declining fuel prices.

Speaking during an interview on the sidelines of the Kwahu Business Forum at Kwahu Mpraeso on Saturday, April 19, Mr. Nyarko emphasized the potential positive impact of this move on inflation.

“As a government, we have committed and have started bringing down inflation. In fact, we are hoping that with the next inflation announcement, we see a significant improvement”.

Highlighting the recent drop in fuel prices, Mr. Nyarko revealed plans to initiate discussions with transport operators in the coming weeks.

“We are seeing that fuel prices are also going down. In the next couple of weeks, we’ll have to engage transport operators so that they will also bring down lorry fares. Once all these happen, it will have a positive impact on inflation, and it will help us as a country”.

Mr. Nyarko also underscored the significance of the Kwahu Business Forum as a platform for inclusivity and collaboration.

He noted that the presence of the Minority Leader at the event reflects the government’s commitment to uniting all stakeholders in driving national growth.

“The presence of the Minority Leader and everybody shows that the government wants to bring everybody—the private sector, everyone—together so that we can push the growth that we need in this country”.

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