President Akufo-Addo is urging Ghanaians to find a silver lining in the ongoing cloud of economic hardship.

According to him, the implications of the crisis could have been worse judging by happenings elsewhere.

Ghana is currently banging on the doors of the International Monetary Fund (IMF) for a bailout amid intensifying hardship, a rising cost of living and a depreciating cedi.

For him, other countries going through a similar predicament have seen chronic shortages seeing winding queues at fuel stations.

“Maybe we should also count our blessings and how together, we are managing the difficulties. We’ve all seen the images around the world. Here in Ghana, we have not had any fuel queues. We have not suffered shortages in food and essential items or the catastrophe of dumsor,” he said on Monday.

He made these comments at the 66^th Independence Day Anniversary celebration at Adaklu in the Volta Region.

Addressing the gathering, President Akufo-Addo also communicated his administration's resolve in finding solutions to the situation.

"We are working hard to resolve them," he added.

Ghana has currently secured a staff-level agreement with the IMF in its bid to get a $3 billion bailout.

Ghana gained independence from British colonial rulers on March 6, 1957.

The path to emancipation was marked by many struggles, with many nationals laying their lives for the cause.

As a result, Ghanaians set aside the 6th of March each year to commemorate its independence and take stock of the country’s progress.

The theme for this year's celebration is 'Our Unity, Our Strength, Our Purpose'.