Be Honest, Ghana’s Economy Is Terrible - BBC’s Peter Okwoche Tells Akufo-Addo

President Nana Addo Dankwa Akufo-Addo was told in the face how shambolic Ghana’s economy has become in recent times.
 
BBC’s Africa, Peter Okwoche in an interview with the president acknowledged Nana Addo’s government's effort to revive the economy but said its “terrible”.
 
“We have also the opportunity to have industries set up not just for Ghana [but also] for the ECOWAS market and also for the African market.

“We now have an African Continental Free Trade Area agreement which is up and operating. Ghana is the gateway to its market of 1.2billion people. Imagine the opportunities that we are presenting,” he said.
 
But President Nana Addo, however, blamed his government’s ailing economy on the COVID-19 pandemic.
 
It was at this point that Mr Okwoche interjected and told Mr Akufo-Addo that “Let us just be honest, the Ghanaian economy is doing just terribly. Inflation in your country is 15.1 per cent. The Ghanaian cedi has fallen 20 per cent on the dollar.”
 
But President Akufo-Addo replied him saying “I don’t know the economy in the world that is doing well.”

Adding, “The Cedi has begun to firm up. The world is going through a difficult [moment], Ghana is no exception, and Nigeria is no exception. There is no country in the world that is escaping the ravages of COVID-19 and also the impact of the [Russia-Ukraine conflict].”

He, however, assure to revive the economy sooner than expected.
 
“I am sure a year by now when having this same interview, you will tell a different story," President Nana Addo told Mr Okwoche