World Bank rejects Akufo-Addo government’s COVID-19, Russia-Ukraine War defence for 2022 economic crisis

[Joy Online - Ghana] - 26/09/2025

The deterioration of global conditions due to the COVID-19 pandemic and the Russian Federation’s invasion of Ukraine was not the cause of the 2022 macroeconomic crisis; rather, it merely exposed an economy already beset with deep structural vulnerabilities and precarious macroeconomic conditions.”

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