
The president of the Republic, Nana Akufo Addo, has stated that the country’s economy will continue to face crisis as long as the conflict between Ukraine and Russia continues.
The invasion began on February 24th, when Putin announced a “special military operation” to “demilitarize and denazify” Ukraine, reinforcing his false narrative linking Ukraine to Nazism.
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According to Nana Addo, the conflict between the two countries is affecting most African countries at a time when the continent is still recovering from the effects of the COVID-19 pandemic. He has stated that the situation has deteriorated.
“By 2021, COVID-19 had pushed Africa into the worst recession for half a century. A slump in productivity and revenues, increased pressures on spending and spiraling public debts confronted us without relent.”
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“As we grappled with these economic challenges, Russia’s invasion of Ukraine burst upon us, aggravating an already difficult situation. It is not just the dismay that we feel at seeing such deliberate devastation of cities and towns in Europe in the year 2022, we are feeling this war directly in our lives in Africa.
“Every bullet, every bomb, every shell that hits a target in Ukraine, hits our pockets and our economies in Africa,” he lamented while delivering a speech at the 77th UN General Assembly on Wednesday.
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