We stand by our MD’s comments on Ghana’s economy; major drivers are Covid-19, Russian/Ukraine war – IMF
The International Monetary Fund (IMF) says it stands by its Managing Director, Kristablina Georgieva’s, comments on the current state of the Ghanaian economy and its major causes. The Fund’s Director of Communications, Gerry Rice, at a press conference maintained that just like any other economy, the current Ghanaian economy has been pressed very hard by developments in Ukraine as well as Covid-19 shocks. He, therefore, believes the country’s current situation has been compounded by development which can be described as external shocks. Rice said this while responding to a question by a journalist during a virtual press conference. Question : And then also on, on Ghana, same thing, only there’s criticism by former President Mahama of the IMF seeming to praise, to say that the economic problems there are entirely results of COVID and the Ukraine war and seeming to praise the Government. I guess maybe that’s just diplomacy, but can you address that criticism and then, finally small...