COVID-19NEWS

Ghana’s COVID-19 death toll crosses 1000 mark

At least 599 new cases of the coronavirus have been confirmed by the Ghana Health Service (GHS), pushing the country’s active cases to 6,905.

At least 599 new cases of the coronavirus have been confirmed by the Ghana Health Service (GHS), pushing the country’s active cases to 6,905.

READ ALSO: More doses of Covid19 vaccines are expected this weekend

The death toll has hit 1,001 after ten additional fatalities were recorded across the country, an update on the GHS COVID-19 dashboard reveals.

As of 23 August  2021, Ghana’s total confirmed cases stood at 117,040. Health officials have recorded 109,134 recoveries.

One hundred and forty-nine people are in a severe condition and 62 cases remain critical, the GHS says. The number of cases detected at the Kotoka International Airport (KIA) is 2,602, with 2,461 recoveries.

According to the Ghana Health Service, the month of July recorded the highest number of COVID-19 cases among international arrivals since the airport reopened on September 1, 2020.

 

Breakdown of regional cases

Greater Accra Region – 62,745

Ashanti Region – 19,865

Western Region – 6,705

Eastern Region – 5,738

Central Region – 4,216

Volta Region – 4,111

Bono East Region – 2,319

Bono Region – 2,034

Northern Region – 1,699

Upper East Region – 1,352

Ahafo Region – 1,022

Western North Region – 956

Oti Region – 723

Upper West Region – 530

North East Region – 236

Savannah Region – 187

 

Ghana receives US$1 billion from IMF to boost economic recovery

Meanwhile, Ghana has received the equivalent of US$1 billion from the International Monetary Fund (IMF), the ministry of finance has said.

A statement issued by the ministry on Friday (27 August ) says the amount is Ghana’s share of the new Special Drawing Rights (SDRs) allocation to boost the post-COVID economic recovery of member countries.

On August 2, 2021, the IMF Board of Governors approved a general allocation of SDR456.5 billion, equivalent to US$650 billion out of which about US$33.7 billion is for African countries, to boost global liquidity and economic recovery following the devastating impact of the Covid-19 pandemic on lives and livelihoods.

The new SDR allocation which became effective on  August 23, 2021, will augment the additional financing needs of countries, especially low-income countries, caused by the impact of the pandemic on public finances.

The African Development Bank AfDB estimates that African governments require additional financing of about US$484.6 billion within the next three years to close the financing gap and to emerge from the COVID-19 crisis stronger and more resilient.

According to the IMF, the SDR allocation will benefit all members, address the long-term global need for reserves, build confidence, and foster the resilience and stability of the global economy. This historic SDR allocation will particularly help countries that are most vulnerable to immediately address the impact of the pandemic towards economic recovery.

This SDR allocation is in response to a global call to action, following the devastating effects of the pandemic, including an Africa-wide effort championed by Minister Ken Ofori-Atta and his colleague African Finance Ministers, the AU, UNECA, and supported by key international partners (including The IMF, The WB, The G20, The EU).

The Special Drawing Right (SDR) is an interest-bearing international reserve asset created by the IMF in 1969 to supplement member countries’ official reserves. The general allocations of SDRs are distributed across the IMF membership in proportion to their IMF quota.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: asaaseradio

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
LIVE OFFLINE
track image
Loading...