The implementation of the amended Energy Sector Levy (Amendment) Act, 2025 (Act 1141) officially begins today, Wednesday, July 16, 2025.
The updated levy, administered by the Ghana Revenue Authority (GRA), had been previously postponed to allow for an assessment of global market trends and to safeguard recent improvements in domestic fuel prices.
Following consultations with the Ministries of Finance and Energy, the government decided to proceed with enforcement after carefully reviewing the country’s economic situation.
Officials emphasize that the timing of the levy’s activation is part of broader efforts to stabilise the national economy while addressing critical funding shortfalls within the energy sector.
Under the revised law, increased rates will apply to the Energy Sector Shortfall and Debt Repayment Levy (ESSDRL) on several petroleum products.
These adjustments aim to generate additional revenue to help repay outstanding legacy debts and fund ongoing energy infrastructure development.