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World fuel prices set to fall by end of year – Energy Law Policy expert predicts

Source: tntnewspapergh.com

 

An Energy Law Policy Expert, Mr J. K. Owusu-Boakye, has predicted that the world oil prices will fall as a result of oversupply of oil by OPEC and China, despite fears of Israel attacking Iranian oil installations and the decimation of Hamas and Hezbollah insurgents in the Middle East.

Speaking to some visiting youth delegates from the United States of America (USA), the United Kingdom (UK), Germany and Philippines, who form first-time voters on university campuses, Mr. Owusu-Boakye indicated that Ghana’s economy was gaining stability and momentum to withstand the ongoing currency vagaries and also ensure that voters gain faith in the economic stabilisation policies of the ruling New Patriotic Party (NPP) which are geared towards the return to growth trajectory for economic recovery after the deadly COVID -19 pandemic.

J.K.Owusu-Boakye

The deadly pandemic caused global hardships and disruptions in the world economies.

According to him, Ghana is going to see falls in gasoline prices by the end of the year, thereby closing around GH¢11-12 , and this will give credence to government’s management of the economy.

He added that this would be a good news for the growth of the economy which is expected to close at 5% GDP.

Mr. Owusu-Boakye, who was a special aide to the former Member of Parliament for Old Tafo and former Finance Minister, Dr. Anthony Osei Akoto, therefore, advised the youth, especially first-time voters, to vote to elect the next president based on his policies that should aim at creating and adopting modern digital technologies which could reduce bottlenecks and graft in the body politic.

“Such policies should also help the youth to engage in the 4th industrial revolution and the just and fair energy transition to reduce carbon emissions, and create investments and jobs in renewable energy sources, which Ghana has in abundance,” he added.

On his part, an Ace Broadcaster, Dr. Luther King, called for peaceful elections, urging the youth to see it as a duty to protect the future of Ghana in a very tensed environment in the country.

World fuel prices set to fall by end of year – Energy Law Policy expert predicts

Source: tntnewspapergh.com

 

An Energy Law Policy Expert, Mr J. K. Owusu-Boakye, has predicted that the world oil prices will fall as a result of oversupply of oil by OPEC and China, despite fears of Israel attacking Iranian oil installations and the decimation of Hamas and Hezbollah insurgents in the Middle East.

Speaking to some visiting youth delegates from the United States of America (USA), the United Kingdom (UK), Germany and Philippines, who form first-time voters on university campuses, Mr. Owusu-Boakye indicated that Ghana’s economy was gaining stability and momentum to withstand the ongoing currency vagaries and also ensure that voters gain faith in the economic stabilisation policies of the ruling New Patriotic Party (NPP) which are geared towards the return to growth trajectory for economic recovery after the deadly COVID -19 pandemic.

J.K.Owusu-Boakye

The deadly pandemic caused global hardships and disruptions in the world economies.

According to him, Ghana is going to see falls in gasoline prices by the end of the year, thereby closing around GH¢11-12 , and this will give credence to government’s management of the economy.

He added that this would be a good news for the growth of the economy which is expected to close at 5% GDP.

Mr. Owusu-Boakye, who was a special aide to the former Member of Parliament for Old Tafo and former Finance Minister, Dr. Anthony Osei Akoto, therefore, advised the youth, especially first-time voters, to vote to elect the next president based on his policies that should aim at creating and adopting modern digital technologies which could reduce bottlenecks and graft in the body politic.

“Such policies should also help the youth to engage in the 4th industrial revolution and the just and fair energy transition to reduce carbon emissions, and create investments and jobs in renewable energy sources, which Ghana has in abundance,” he added.

On his part, an Ace Broadcaster, Dr. Luther King, called for peaceful elections, urging the youth to see it as a duty to protect the future of Ghana in a very tensed environment in the country.

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