Tracking Ghana's 'Missing' Billion Dollars in Remittances | The Beyond Numbers (21-6-24)
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- เผยแพร่เมื่อ 20 มิ.ย. 2024
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What do they use the money for? Is it that they really get and misuse them or they don't get at all? And if they don't get at all , what do they do as a government who is ruling a country? We are even going to stop sending monies, coz everyone is planning to move their families from Ghana there. Useless leadership.
Please more of these type of videos! The people need to know the truth! Such a rich country like Ghana but over 95% live in poverty.
Ghana is rich in what? Cocoa, gold, and oil? That is less than $15billion for a population of 33million. Ghana is not rich.
@@emmanuelameyaw6806 we are on the top 5 cocoa and gold producers
In the country called Ghana, there is no expert anywhere. All the PHD holders in finance and law, cannot implement anything not to talk of letting them think and come up with a solution. that would be too hard for them.
Even for these Phd holders to go their counterparts like Kenya to learn what they do and replicate same in Ghana, they can't do that too.
just a bunch of useless people with degrees walking about and wasting state money.
The country Ghana cannot implement anything from and see it run through for at least 36 months.
Go and do phd and come and fix our problems.
shameless country 😥😥😥
It's easy to see what's going on. BOG in collusion with the Banks and fintechs under report remittances (WB vs BOG figures),BOG Print lots of cedis in exchange for hard currency. They keep printing cedis to buy USDs, so Cedi depreciates against USD. The hard currencies never enter the Ghanaian economy, but its stored abroad. Hence the double digits inflation in Ghana. These crooks will blame the black market "which is the real economy" for Cedis depreciation. The party in power knows they are going into opposition for 8 years. So they are stashing those USDs abroad for the party and it's cronies. Forget about Mr DICHOTOMY's explanation.
Politicians are using fintechs to siphon their booties out of the country.
With all due respect, the journalist should focus on drawing the graphs and allow the experts to do analysis. How can you tell me this stories? remittances increasing inflation? Mr. Journalist, remittances do not increase the amount of cedis in circulation, hence it doesn't increase inflation.
This been going on for years government officials stealing money. What needs to happen is people have to be prosecuted and the rules we put in place needs to be enforced. You and by prosecuting and jailing people. From ministers to mps to local officials and government workers. You jail these people all of the corruption will. I am telling start enforcing the law against everyone doesn’t matter their status in the country and this stealing end
What a failed state called Ghana. But nobody is protesting so i guess the people are fine living in dirt and poverty😢
Tribal politics this is the result incompetence. Yet you see arrogance all over them.
That’s why it’s a dumb idea for the government to make tax policies that goes against Ghanaians abroad
Don't blame colonization, blame your own "PhD" experts including those in parliament
What does a PhD in biology have to do with this? Have you paid the school fees for any PhD holder?
Yeah you see these young guys who are giving information to the Ghanians and because of fear and they don't want to lose their work they can not ask the leaders of Ghana but when they meet thier own mate a guy who is Nana Kwame bediako they will ask questions even a class one will never ask the questions they asked for because they have been blan washed and have been paid for to ask those questions
Say it again, Cheddar all the way
Unless There is a Big Time Corruption Somewhere ??
There’s no corruption anywhere with respect to the remittances. The problem is that the transfer apps are owned by foreign companies. The solution is for the bank of Ghana to develop it own app and offer a competitive rate.
@@ebenezerduah664 lol, so how does the foreign companies gets cedis in exchange for USD, if BOG isn't involved? There is corruption everywhere, you can't see it because it's above your pay grade.
@@ebenezerduah664obviously there's corruption somewhere. How do the fintechs fund the cedi leg on the transactions. It doesn't matter if it foreign owned or not. You need cedis back home to pay people? The politicians and big men take the Forex and give them cedis to fund their operations. Unless the fintechs have a pile of cedis stashed somewhere there's no way they can run this model.
We want answers. Now ???????