4 'Blows' Forced Govt to IMF - Veep Explains Country's Decision to Seek Support...: Ghana
Describing them as a"quadruple whammy," he said they comprised internal and external factors; the energy sector excess capacity payments, the banking sector clean-up, the COVID-19 pandemic and the Russia-Ukraine war.
The launch of the programmes; BSc. IT Management; BSc. Cybercrime and IT Security; MSc. IT Management; which is a collaboration between ABS and the South East Technological University of Ireland, offered him the opportunity to speak on the IMF decision for the first time since it was announced last week.
He said direct COVID-19 expenditure amounted to GH¢ 12.0 billion, made up of GH¢8.1 billion in 2020 and GH¢ 3.9billion in 2021, summing the three items of expenditure to GH¢ 54.0 billion.
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