CBOD engages IMF on fuel affordability
As part of the International Monetary Fund’s (IMF) First Review of Ghana’s Policy Coordination Instrument (PCI), the Chamber of Bulk Oil Distributors (CBOD) has participated in a stakeholder engagement on Friday, October 30, 2026. The meeting examined fuel affordability and concerns of supply to the retail market. The engagement brought together representatives from the Ministry […]
The Chamber of Bulk Oil Distributors (CBOD) recently engaged with the International Monetary Fund (IMF) to address concerns over fuel affordability in Ghana. This took place during the IMF's First Review of Ghana's Policy Coordination Instrument (PCI) on October 30, 2026. The meeting aimed to discuss the sustainability of government interventions in response to rising petroleum prices, foreign exchange supply to the sector, and the impact of the floor price policy on product availability and affordability.
The discussions involved stakeholders from the Ministry of Finance, IMF, National Petroleum Authority (NPA), and CBOD. The CBOD expressed its commitment to constructive dialogue aimed at promoting a resilient, efficient, and sustainable downstream petroleum sector.
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