Gerry Rice, the director of the International Monetary Fund (IMF) communications department, has reiterated the devastating consequences of the worldwide pandemic COVID-19 and the crisis in Russia and Ukraine on Ghana's economy and other economies across the world.

He claims that many nations, like Ghana, have been put through more hardship because they were already at the mercy of the COVID-19 pandemic when the Russia-Ukraine crisis started.

He is quoted by citinewsroom.com as saying, "I would say, as just to repeat, the war in Ukraine has triggered a global economic shock that's hitting Ghana and, as I said, many other countries, and all at a time when, for many of these countries, their room for fiscal maneuver, if I could put it that way, is already extremely limited because they've used a lot of fiscal power already in the pandemic."

His remarks come after numerous Ghanaians, notably the former president John Mahama, disputed with claims made by the MD of the IMF that foreign causes were to blame for Ghana's economic issues.

Gerry Rice claims that the IMF has taken note of the difficulties that various nations are facing and is acting to hasten their recovery.

And we're well aware of it.

And for that reason, as I stated at the outset, we are stepping up to assist nations where we can, and that includes Ghana," he insisted.

He said, "I don't have a date for you, but [it will be] in the coming weeks." When asked when Ghana should expect the anticipated $3 billion from the Bretton Woods organization, he stated, "I don't have a date for you."