Written By Efua Idan Atadja - At 11:15pm on Friday, March 27, 2020, Ghana’s President, Nana Akufo-Addo in his address to the nation announced some “bold” measures to mitigate the local impact of the COVID-19 pandemic. They included, a partial lockdown of Accra and Tema in the Greater Accra Region, Kasoa in the Central Region and Kumasi in the Ashanti Region; a Coronavirus Alleviation Programme which will see the release of a minimum of GH¢1 billion to households and businesses to address the disruption in economic activities; an extension of the tax filing date from April to June; a two percent reduction of interest rates by banks, effective April 1, 2020; the establishment of a COVID-19 Fund which will receive contributions and donations from the public to assist in the welfare of the needy and the vulnerable; among others. Subsequently, Ghana’s Finance Minister, Ken Ofori-Atta in an address to Parliament on Monday, March 30, 2020 said the COVID-19 pandemic is set to cost the nation GH¢9.505 billion.