'I do not blame the Russia-Ukraine war or covid for our economic hardship, I blame this' - Akuffo-Addo.
The President(Akuffo-Addo) is currently in a four-day tour in the Ashanti Region. In an interview with Otec fm, the president gives an unusual answer as to why Ghana is facing economic hardship or the economy of Ghana is going wayward. Take time to read and clear your doubt.
IMF Finally Settles The Debate Over $3Billion Loan Brouhaha; Akufo Addo Finally Vindicated Again
The recent circulating news that has sparked massive stir, debates, and arguments across all social media platforms was when the International Monetary Fund (IMF) finally came out to settle the debate over the $3 billion loan brouhaha. Not long ago, the Akufo Addo government took the opportunity to seek financial intervention from the IMF after the failure of the E-levy to fix the economic crisis in the country as the government is expected to receive an amount of $3 billion from the organization.
Ghanaians Descend On Dr Bawumia For Saying Things Could Get Worse Before They Get Better
Many Ghanaians have criticized Dr. Mahamadu Bawumia for saying that things could be worse before they get better. The vice-president speaking on Ghana’s economic challenges and the country's engagement with the IMF at a public event in Accra, on 14th July 2022 made the remarks below;
I Don’t Want To Hear That Name Again; I’m Tired Of It: Kwesi Pratt Finally Fumes- Read Details
The popularly known Ghanaian broadcast journalist and editor-in-chief for Insight newspapers have finally come out to express his immense disappointment in the Akufo Addo government over failed promises aside from blaming the poor economy in the country on the Russia-Ukraine war. Speaking in a recent interview on Peace FM, Kwesi Pratt revealed that, the South African Energy Minister thoroughly thought about his people and opted to buy fuel from Russia at a very low price as implemented by most countries around the world which won’t burden the citizens aside causing high inflation rate, unlike Ghana where the government is interested in causing more harm than good to the economy.
Russia-Ukraine War Affecting Our Economies – Akufo-Addo Tell World Leaders At UN Summit
President Akufo-Addo has reiterated the impact of the ongoing Russia-Ukraine War on Ghana's economy to world leaders at the United Nations summit held yesterday in New York. According to him the war, which started in February this year, has aggravated the situation for economies in Africa that are struggling to get back on their feet after the covid-19 pandemic.
Don’t believe the Akufo-Addo/Bawumia When They Blame Russia-Ukraine War and Covid For Economic Mess
Dr. Edward Omane Boamah, a former Minister of Communications for NDC has asked Ghanaians not to believe in Akufo-Addo/Bawumia when they blame Ghana's economic woes on Covid 19 or Russia - Ukraine war. In a post shared on his official Facebook page on Friday 21st October 2022, he wrote;
A Two-Minute WhatsApp Audio Worsened The Cedi's Depreciation - Akufo-Addo [Video]
The President delivered his much-anticipated Nations Address On The Economy this evening 30th October 2022. He mentioned several things that have sunk the country's economy into crisis. Aside from the usual and not surprising Covid-19 and Russia-Ukraine war, the President touched on the recent free fall of the cedi's value against the US dollar in particular.
Sammy Gyamfi speaks on Ghana's Economy.
Communication director for the opposition party of the National Democratic Congress held a press conference yesterday concerning the Persistent inflation of goods in the country. Lawyer Sammy Gyamfi stated that the price of kallypo in the year 2016 was fifty pesewas but now being sold at two cedis fifty pesewas so how can parents afford to their children happy.
Not all social intervention programs will be scrapped by IMF – Osei Kyei Mensah Bonsu
Osei Kyei Mensah Bonsu, the majority leader of Ghana's parliament, has denied reports that the International Monetary Fund may abolish the government's social intervention initiatives (IMF). Government of Ghana social programs may be canceled as the country seeks IMF assistance, according to sources in Ghana.
[VIDEO] It's Not Only Covid-19 And The War, Our Lifestyles Are Part - Kwame Sefa Kayi Says
The coronavirus outbreak and the Russia-Ukraine war were blamed by the government in power for the nation's economic difficulties, which led to an IMF bailout. There has been a lot of talk about "mismanagement" from those who oppose the current government, particularly the National Democratic Congress (NDC).
Former President Mahama says Dr. Bawumia blaming the NDC for going to IMF is absurd and comical
Former President Mahama has portrayed Vice President Bawumia's fault of his Mahama's organization, somewhat, for the need to look for help from the International Monetary Fund (IMF), as absurd and funny. As per him, this is unsuitable of somebody entrusted with the job of Head of the Economic Management Team.
Empower The Mind In This Difficult Times
In times like these we need the savior. Currently, Ghana, as well as the whole world is facing very difficult times. The economies of the various countries are now declining. What could be the causes all these problems and barriers? Could it be the Russia-Ukraine war, Covid-19 pandemic or what?
General Sergei Surovikin: Who is Putin's firm stance new leader in Ukraine?
Russia-Ukraine war General Sergei Surovikin, nicknamed General Armageddon, is President Vladimir Putin's new strategy in the conflict against Ukraine. His arrangement was declared hours after the assault on the Crimea span. What's more, the new pioneer's most memorable day at work saw Ukraine hit by an enormous rush of Russian rockets - one of the broadest series of strikes saw for a really long time.
Estimated rate of economic growth in 2022 has been changed from 5.8 percent to 3.7 percent.
The government's anticipated economic growth rate for 2022 has been reduced from 5.8 percent to 3.7 percent. When presenting the mid-year budget to Parliament for approval on Monday, Finance Minister Ken Ofori-Atta revealed this. The Minister claims that owing to global events like the Russia-Ukraine war, which has led the income measures to underperform and the increase in inflation to 29.8 percent as of June 2022, the change is now essential.
Dr. Mahamudu Bawumia cautions Ghanaians to prepare for harder times
Prepare yourselves for harder times is the admonition from Vice-President, Dr. Mahamudu Bawumia to Ghanaians. As per him, the ongoing financial difficulty many are encountering could deteriorate because of the continuous Russia-Ukraine war. Unfortunately, based on where we are today, there is no apparent resolution for the Russia-Ukraine war.
Why the Russia-Ukraine deal is not about peace
The war in Ukraine has entered its sixth month. That's six months of relentless and cruel fighting. Russia invaded Ukraine on February 24th this year. Moscow has since then, shifted its strategy from shock and awe to a mere classical long drawn style of offense.
Ken Ofori Atta Presented The 2022 Mid-year Budget Review.
Finance Minister Ken Ofori-Atta delivered the 2022 Mid-Year Budget Review in Parliament on Monday. Ken Ofori-Atta said the government is “committed to staying within the appropriation for 2022". The Overall Real Gross Domestic Product (GDP) for 2021 grew strongly by 5.4 per cent compared to 0.5 percent recorded in 2020 and the revised 2021 annual target of 5.1 per cent, presenting the budget in Parliament today, he provided information on macroeconomic developments for the first nine months of the 2021 fiscal year.
The propaganda is too much – Economist on Russia-Ukraine war, COVID excuse
Ghana is facing economic difficulties. Ghana visits the IMF. Dr. Acheampong attributes Ghana's problems on overborrowing. According to Dr. Theo Acheampong, the origins of Ghana's current economic difficulties predate both the Russia-Ukraine war and the COVID-19 pandemic. The economist claims that there has been an excessive amount of propaganda produced in an effort to defend the underlying reasons of the current economic crisis, which has had a significant impact on the costs of products and services.
Dr Bawumia should save Ghanaians the stress and leave Mahama alone.
Vice President Dr Mahamudu Bawumia has become synonymous with giving public lectures. H seems to have been overwhelmed by our current economic crisis judging from his long silence on matters affecting the country. Ghanaians are expecting him to lead the fight to resuscitate the economy. But anytime he talks he always blames former President Mahama for our troubles.
Why the Russia-Ukraine deal is not about peace
The war in Ukraine has entered its sixth month. That's six months of relentless and cruel fighting. Russia invaded Ukraine on February 24th this year. Moscow has since then, shifted its strategy from shock and awe to a mere classical long drawn style of offense.