Deputy Finance Minister Thomas Ampem Nyarko has announced that the government will soon engage transport operators in talks aimed at reducing fares, following a recent drop in fuel prices.

Speaking at the Kwahu Business Forum on April 19, he explained that this initiative forms part of broader efforts to curb inflation and promote economic stability.

“As a government, we are committed and have already started making progress in bringing down inflation.

“We hope to see a significant improvement with the next inflation announcement,” he said.

Nyarko emphasised the impact of fare reductions on inflation, noting that falling fuel prices create an opportunity to lower transportation costs.

“In the coming weeks, we’ll engage transport operators to adjust lorry fares accordingly. These changes will positively affect inflation and benefit the broader economy,” he added.

He reiterated the government’s belief in collaborative efforts as a means of driving sustainable economic growth.

Meanwhile, the Kwahu Business Forum brought together key stakeholders from both the public and private sectors to deliberate on economic challenges.

MRA/EB