how has inadequate infrastructure worsened due to covid-19 in Ghana
Answers
Answer:
The global COVID-19 outbreak is expected to have a significant negative impact on Ghana’s
economy. For example, the reduction in global air travel is expected to result in a decline in Ghana’s
forex reserves. The economic situation is expected to be deteriorated with more restrictions of nonessential travels, which is part of the President’s COVID-19 disease response plan. In addition to the
direct impact of COVID-19, the anticipated slowdown in the global economy will likely reduce trade
and disrupt global manufacturing supply chains that involve Ghana. The effects of a pandemic-driven
global economic downturn are impossible to predict. However, highly affected countries are
experiencing dramatic reductions in economic activity, with a high risk of damage to financial markets.
2. Ghana forecasts a reduction in trade volumes and values both domestic and international. The country
is already seeing significant reduction in trade volumes and values with China which constitutes the
highest of imports US$ 2,272.6 million (3.64 percent of GDP) and the second highest of Ghana’s
exports US$ 2,032.27 million (3.26 percent of GDP). The significant decline in global crude oil price
will reduce projected petroleum revenues for 2020. Ghana had programmed a petroleum price of US$
62.60 per barrel in the 2020 Budget. As at March 2, 2020 petroleum prices were down to US$ 51.8
per barrel. Crude oil price further declined to US$ 36 per barrel on March 9, 2020. At an average price
of US$ 50.00 per barrel for 2020, government could lose about US$ 484 million in petroleum receipts.
This shortfall increases to US$ 936.4 million if crude oil price declines to US$ 30 per barrel.
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Answer:
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Explanation:
Highlights
This brief focuses on the impact of the Corona virus pandemic on Education in Ghana.
As of 6th May 2020, UNESCO estimated that 177 countries have closed schools nationwide, impacting over 1.2 billion learners globally, who are mainly children and youth. School closures in the context of COVID 19 have been necessary across the globe to slow the spread of the disease and mitigate the effects on health systems.
On the 15th of March, President Nana Akufo-Addo ordered the closure of all education institutions in Ghana, effecting some 9.2 million basic school students (kindergarten, primary and junior high schools) and 0.5 million tertiary education students.
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