Ghana’s President Akufo-Addo has reassured the citizens that the country has made progress in its economic situation, though challenges persist.
Currently, Ghana is in the midst of a three-year International Monetary Fund (IMF) program, which involves injecting $3 billion into the economy to rebuild confidence in the local market.
The decision to seek IMF assistance was made after initial resistance, as Ghana’s debt had escalated to unsustainable levels, reaching 92.4% of GDP as of 2022.
Reporting from Accra, here is WADRs Naa Dedei Tettey.