President Nana Addo Dankwa Akufo-Addo has debunked claims that Ghana’s economy is terrible.

The President said this while responding to critics of the much-hated electronic transaction levy on BBC.

He believes the criticisms against the passage of e-levy are unfounded because it is a measure by the government to revive the economy.

“The world is going through very difficult times. Ghana is no exception, Nigeria is no exception. There is no country in the world that has escaped the ravages of COVID-19… What you need to look at is the elements being put on the ground that looks beyond the Russia Ukraine war.”

“The economy has gone through very difficult times. I can quote statistics of the US and UK economies, but they will not serve a purpose. It is a phenomenon that is going on which has made life difficult,” Akufo-Addo explained.