From Saturday, June 5, road transport fares will increase by 13% across the board.
This is according to Ghana Private Roads Transport Union (GPRTU) which explains in a press statement that the increase is to help accommodate the increase in fuel prices announced in May 2021, after negotiations with stakeholders.
“Upon consultations, Government has assured us that it will continue with efforts to prevent a steep rise in input cost.
“Government had also assured as by a letter from the Ministry of Finance that the suspension of the quarterly income tax paid by owners of trotros and taxis will be extended to cover intercity commuter vehicles to reduce the operational cost. We, therefore, encourage government to keep to its commitment in this regard.”
According to the press statement, the new fares will apply to all forms of commercial transportation including Inter-city (trotro), Intercity (long-distance) and shared taxis.
And the new fares are also in response to the 12% increase in the prices of fuel at the pumps due to the introduction of taxes, increases in margins by the National Petroleum Authority, the industry, and price increases on the international market.