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Find a newspaper article (doesn't have to be Canadian but find something recent) that reports about a current macroeconomic issue. Summarize the article in your
Find a newspaper article (doesn't have to be Canadian but find something recent) that reports about a current macroeconomic issue. Summarize the article in your own words. Ghana, once a rising economic star in Africa, is facing its worst economic crisis in decades. This is due to a combination of factors, including: * High debt levels: The government borrowed heavily to finance social programs and infrastructure projects, but much of this debt was not used productively. * External shocks: The COVID-19 pandemic and the Russia-Ukraine war worsened Ghana's economic problems by disrupting global supply chains and causing inflation to soar. * Currency depreciation: The Ghanaian cedi lost more than half of its value in 2022, making imports more expensive and fueling inflation. The government is taking steps to address the crisis, including implementing an IMF-backed program to restructure its debt and cut spending. However, it will take time for Ghana's economy to recover
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