The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva has attributed Ghana’s economic struggles to the COVID-19 pandemic and the outbreak of the Russia-Ukraine War.
Ghana is currently engaging the Fund for a $3 billion loan facility to complement its economic mix which was worsened by the two events.
At a roundtable discussion on the sideline of the Munich Security Conference in Germany, Miss Georgieva said the Fund was under pressure to extend bailouts to struggling member countries due to the damage done by COVID-19 and the Russia-Ukraine War.
