According to Russia Embassy in Ghana, Ghana’s government must stop blaming its economic troubles on Vladimir Putin’s aggression toward Ukraine.
The Akufo-Addo administration has frequently blamed the country’s present economic woes on global crises like COVID-19 and the latest Russia-Ukraine conflict.
During an economy talk at the Central, his Vice President, Dr. Mahamudu Bawumia, hinted at the same.
The Russian Embassy in Accra, on the other hand, disagrees.
The Embassy revealed that Ghana’s economic problems began before the invasion of Ukraine in a series of tweets on its official Twitter account.
“The Embassy took notice of a rise in the number of news pieces accusing Russia of all unfavourable trends in agricultural markets, bleak prospects for food availability, and massive farmer losses,” the Embassy said.
“However, the fact is different,” it continued.
“The Embassy hopes to shed some light on the origins and drivers of this situation by providing a complete and objective examination free of emotions and political bias.”
Food costs began to rise in mid-2020 and peaked in February 2022, when they reached an all-time high.
“In the post-COVID recovery era, this is a true market shock produced by increased demand and rising prices on food, raw materials, and transportation services, especially freight,” the Embassy tweeted.
The embassy stated again that the Russian-Ukraine war cannot be blamed, according to the Embassy, and is “not a result of two months of this year’s invasion.”