After careful consideration of the Bill's policy goal, the Committee believes that its approval will significantly enhance Ghana's financial stability, safeguard depositors, and foster the growth of a secure, sound, effective, and stable market-based financial industry.
Speaking at a press conference on March 18, 2026, the Governor of the Bank of Ghana, Dr. Johnson Asiama said the decision was made to support economic growth while keeping inflationary pressures in check. He added that the committee also considered the impact of the geopolitical tensions in the Middle East on Ghana's economy.
Meanwhile, Minister Tony Burke acknowledged the complexity of the situation: He noted that the Australian government could not remove the pressures surrounding the players’ decisions, highlighting the difficult circumstances they faced.
“The justification for this levy no longer exists. Keeping it is not policy—it is punishment,” he stated, urging the government to repeal the Energy Sector Levy Amendment Act of 2025 under a certificate of urgency.
Speaking on Sports Café on Bullet TV Ghana, Agyemang described the ruling as unprecedented and damaging to the sport’s credibility.
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