Posted 3/19/2024, 8:27:19 AM
IMF Chief: Sound Policies and Institutions Key for Ghana's Economic Resilience After Pandemic and Ukraine War Overspending
- Kristalina Georgieva, IMF Managing Director, says strong macroeconomics are key for economic growth
- She says building economic resilience depends on sound policies and institutions
- Excessive spending in 2020, an election year, contributed to Ghana's current woes
- Ghana faced economic troubles due to COVID-19, the war in Ukraine, and past overspending
- Georgieva advises Ghana to learn from the past and apply those lessons moving forward