NPP's Dennis Aboagye details how Russia-Ukraine war is affecting Ghana's economy | 3NEWS.com

NPP's Dennis Aboagye details how Russia-Ukraine war is affecting Ghana's economy | 3NEWS.com

He explained on the New Day show with Johnnie Hughes on TV3 Monday August 8 that Ghana imports goods from Russia and Ukraine.

Also, he said, Ghana imports from other countries that also rely on goods and services from Russia and Ukraine to boost their productions.

.

For instance, he explained, Vietnam, Brazil, America and Turkey are countries that Ghana imports goods from.

We import somethings from Russia, we import somethings from America, Vietnam Brazil, Turkey and others.

.

Because there is Russia-Ukraine war, the supply to us directly in terms of what we buy from Russia is affected.

“The supply of these fertilizers and and other things to Brazil, Turkey, Vietnam, America are affected, for which reason our import from Russia is very expensive, our import from Vietnam, US, Turkey, Brazil is also expensive and even not flowing because they are also affected by the Russian war, this is simple value chain supply.”

}

“In addition, the global economic shock caused by the war in Ukraine is hitting Ghana at a time when the country is still recovering from the Covid-19 pandemic shock and with limited room for maneuver

Source: 3News
Scroll to Top