The Finance Minister, Cassiel Ato Forson, has presented a report to Parliament on the utilisation of proceeds from a 1-cedi levy on petroleum products introduced to support the country’s energy sector.
In a Facebook post on Tuesday, May 26, the minister said the report detailed how revenues collected from petroleum-related taxes, including funds earmarked for energy debt recovery, were spent during the 2025 fiscal year.
He said the document had been submitted to the relevant parliamentary committee for consideration.
“The details are in the report and have accordingly been presented to the committee for deliberation,” he said, adding that officials would provide further explanations when invited.
The levy, widely referred to as the “Dumsor Levy”, was introduced to raise funds to help address debts in Ghana’s energy sector and support stable electricity supply, but has faced public criticism over transparency and timing.
Forson also told Parliament that Ghana’s debt position had improved, with the country now classified as being at moderate risk of debt distress, while presenting the 2025 Annual Public Debt Management Report.
The Finance Ministry has also submitted reports on the Energy Sector Levies and Accounts, the Petroleum Holding Fund, and Public-Private Partnership projects for 2025 as part of statutory financial disclosures.