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NewsVideo: Ghana's economy sinking like The Titanic

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Video: Ghana’s economy sinking like The Titanic

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Over the past two years, the government of Ghana has grappled with salvaging its economy from a crisis characterized by the worsening of the local currency against foreign counterparts such as the dollar and pound.

The weakening of the cedi has exacerbated the country’s inflation, interest rate, price of fuel products, among others.

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This article analyses a visual representation on the current state of Ghana’s economy. The video shows the Ghana map, all cracked up and being dragged down by the dollar, pound and euro (serving as the anchor), sinking close to what looks like The Titanic ship.

Individuals try to save their lives by staying on the ship while others hold on to a rope. Others seek safety from an aeroplane. Unfortunately, some fall and drown.

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A character that looks like President Akufo-Addo stands at the very top of the Ghana map with two others to receive assistance from the International Monetary Fund (IMF).

An animated Dr Kwame Nkrumah, Ghana’s first President, looks at the situation with so much pain from above. He is disheartened by the current conditions.

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Below is the video in question:

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