Cost of living has come down since we assumed power – Kwakye Ofosu – Nsemkeka
Minister for Government Communications, Felix Kwakye Ofosu, has asserted that the cost of living in Ghana has eased since the current administration assumed office.
He made this claim while defending the government’s introduction of the controversial Dumsor levy during an appearance on JoyNews’ Newsfile on Saturday, 7 June.
Responding to criticism of the GH¢1 per litre Energy Sector Levy, Mr Kwakye Ofosu argued that contrary to public perception, the government’s economic interventions have helped ease financial pressures on households.
“The cost of living has come down since we assumed power,” he stated, pushing back against opposition claims of worsening economic hardship.
Parliament recently approved the Energy Sector Levy (Amendment) Bill, 2025, which introduces the surcharge on petroleum products.
The Finance Minister, Dr Cassiel Ato Forson, explained that the levy is necessary to address the country’s energy sector debt, which stands at US$3.1 billion as of March 2025.
He added that at least US$3.7 billion is needed to fully clear the debt, in addition to US$1.2 billion for thermal fuel procurement.
However, the levy has been met with resistance from civil society groups and opposition parties, who argue that it places an undue burden on Ghanaians.
Despite the backlash, Mr Kwakye Ofosu maintained that the government’s fiscal decisions are guided by the long-term interest of the public and are already yielding positive outcomes in terms of affordability and stability