The ruling New Patriotic Party (NPP) has asked the opposition National Democratic Congress (NDC) to consider the negative impact of global economic challenges on Ghana rather than blame the government entirely for the country's economic hardship.
NPP Communications Director Richard Ahiagbah noted that most countries are facing economic difficulties and seeking support from the International Monetary Fund (IMF).
He cited the IMF's approval of a $3.5 billion loan for neighboring Ivory Coast, saying challenges like COVID-19 and the Russia-Ukraine war are impacting economies worldwide.
In a tweet on Friday, May 26, Mr. Ahiagbah said "All is not well with the global economy, as a result, many countries are going to the IMF for support. The IMF has just approved a $3.5 billion ECF for Cote d'Ivoire."
He quoted news from International news tabloid, DW saying the "Ivorian economy is 'suffering the triple shocks of the Covid-19 pandemic, the adverse spillovers of Russia’s war in Ukraine, and the global monetary tightening.”
The ruling party’s spokesperson told the media to "please, draw the NDC's attention to this reality.”