The Bank of Ghana says fuel subsidies can only be scrapped when power supply is increased.
The debate over whether fuel subsidies should be removed or not has become a topical issue for some time now.
Speaking at the launch of IMF�s Regional Economic Outlook report, Governor Dr. Henry Wampah said Ghanaians will oppose any removal of fuel subsidies unless quality improves.
�There is a need to increase supply and also quality of service before such subsidies are removed� Dr. Wampah said.
�When you bring the removal of subsidies at this stage there is going to be a lot of resistance to it�. Dr. Wampah also said Ghana�s inflation will remain stable throughout the year.
Government should divest its stakes in state-owned enterprises through the stock market to deepen the market and broa