The Managing Director of the International Monetary Fund (IMF) says Ghanaians need to be patient with government.

Kristalina Georgieva said the hardship the country is facing is not due to bad policies.

According to her, the Covid-19 pandemic and the Russia-Ukraine war have affected the country negatively.

The Belgian, speaking with JoyNews’ Benjamin Akapko on the sidelines of the Africa Adaptation Summit, in Rotterdam, Netherlands said most countries are also facing similar problems.

“First the pandemic, then Russia’s war in Ukraine. We need to realize that it is not because of bad policies in the country but because of this combination of shocks, and, therefore, we have to support Ghana”, she said.

She also indicated that Ghana is a member of the IMF, “a strong country with fantastic people”, and as such, it is incumbent on the Fund to lend the country support.

Madam Georgieva also indicated “we have to support Ghana because your strength contributes to the strength of your neighbours; it contributes to a stronger world.”

Meanwhile, she also stated that a deal between Ghana and the IMF should be reached and finalised before the end of the year.

Ghana is before the IMF for US$3 billion to help the country navigate through the hostile economic crisis it finds itself in as a result of the adverse effects of the deadly coronavirus pandemic and the ongoing conflict between Russia and Ukraine.

This is because the country’s currency, the Ghana Cedi, is depreciating against the US dollar at a fast rate which many citizens are lamenting about.

Inflation is also on the rise with the cost of living also high.

This has compelled Ghanaians to lament the impact of these on their livelihoods.