The government on Thursday announced the
reduction of taxes on petroleum products in fulfilment of its promise to
reduce the price of petroleum products.
Presenting the government's 2009 budget statement to Parliament in
Accra, Dr. Kwabena Duffuor said the National Petroleum Authority (NPA) would make the necessary announcement as soon as parliament endorsed the proposals.
Dr Duffuor said the reduction was in fulfilment of the manifesto of the
NDC to reduce the prices of petroleum products and alleviate the hardships
that the people have faced in recent times.
“Madam Speaker, when this is done we expect transport agencies to show
good faith and reciprocate government's gesture by passing on the reductions
on to the travelling public,” the Minister said.