The Confederation of Ghanaian Chambers of Commerce (COPEC) has called on the government to prioritize a strategic fuel reserves programme, citing rising global oil prices as a key risk to domestic stability.
The appeal comes as energy costs continue to pressure consumers and businesses across the country.
However, he cautioned that greater measures are needed to insulate the economy from external price shocks.
Speaking on Business Focus on July 20, COPEC representative Mr. Amoah commended the Minister for Energy for recent efforts to stabilise the petroleum sector.
However, he cautioned that greater measures are needed to insulate the economy from external price shocks.
The group’s intervention highlights growing concern over supply vulnerability in a market where fuel costs directly impact inflation and transport logistics.
The call for strategic reserves aligns with broader global trends.