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President Akufo-Addo, President of Ghana said the International Monetary Fund relief program would not lessen the economic woes the country is plunged into. However, he maintained that it could help restore confidence and reopen avenues that have been closed to the country in recent years.
President Akufo-Addo, President of Ghana said the International Monetary Fund relief program would not lessen the economic woes the country is plunged into. However, he maintained that it could help restore confidence and reopen avenues that have been closed to the country in recent years.
Addressing the nation recently Akufo Addo acknowledged that the bailout would not immediately restore the ailing economy. But he agreed that it would have a symbolic effect to put the country back on track. Akufo-Addo said that the IMF deal would help to restore confidence in the Ghanaian economy.
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Ghana has been battered by the COVID-19 pandemic and the war in Ukraine. The President implored the minds of Ghanaians to help support and accelerate the successful implementation of the necessary reforms to make the deal effective. The West African country was adjudged as one of the best-performing countries before the outbreak of the Covid-19 pandemic and the Russian-Ukraine war.
