theenchanter:
As a person that was at CBN's monetary policy department retreat at lakowe golf course last weekend, with attendance of Bank of Ghana head of research and kenya's.... Including Ari Aisen of IMF in Naija.

I can authoritatively tell u what u said is false.😌 Don't let me even start with Ghana.🙅🏾

theenchanter:
As a person that was at CBN's monetary policy department retreat at lakowe golf course last weekend, with attendance of Bank of Ghana head of research and kenya's.... Including Ari Aisen of IMF in Naija.

I can authoritatively tell u what u said is false.😌 Don't let me even start with Ghana.🙅🏾

As someone in Ghana who have knowledge of most of the things that happens in official circles in Ghana, I can tell you that this is actually correct....
The Bank of Ghana statistical department is a lazy arm, they basically don't do their work often. It's good they are not part of the Ghana statistical service. Hope you get the difference now

As we speak, there's a new living Standard survey going on in Ghana. It started in January 2022 and the will finish in December of 2024.

The Ghanaian statistical service is one of the efficient office in Ghanaian government circles and their surveys are one of the things they don't play with and they carry them out frequently at little cost. GLSS is quite consistent

Just40:
As someone in Ghana who have knowledge of most of the things that happens in official circles in Ghana, I can tell you that this is actually correct....
The Bank of Ghana statistical department is a lazy arm, they basically don't do their work often. It's good they are not part of the Ghana statistical service Hope you get the difference now

As we speak, there's a new living Standard survey going on in Ghana. It started in January 2022 and the will finish in December of 2024.

The Ghanaian statistical service is one of the efficient office in Ghanaian government circles and their surveys are one of the things they don't play with and they carry them out frequently at little cost.

do u know that the lazy arm that doesn't do their work often, as said by u, is the source of statistics pertaining ur central bank to ur national statistics body?

dey play.😁

If I'm to be very frank with u, the IMF man teared into Ghana statistics on that very day.

He teared into ur inflation rates as false, he teared into ur monetary policy and questioned the rate at which ur inflation rises and fall sharply.

Let's leave it there. I just want u to know that u don't know half of what these guys know.

theenchanter:
do u know that the lazy arm that doesn't do their work often, as said by u, is the source of statistics pertaining ur central bank to ur national statistics body?

dey play.😁

My national statistical service carry out all data collection for national purposes.. they submit some data to the central bank when they request for it for a purpose. The central bank statistical department only gathers banking related stats electronically for the bank's monitoring and evaluation depart and enforcement depart. This is why I call them lazy

Sometimes their data is not even processed unless they are ready to release their monetary policy reports which comes with a complete financial transaction report. They do this every end of year.

What ever data that's needed for the Ghana living standard survey is collected in the field by the statistical service.

theenchanter:
If I'm to be very frank with u, the IMF man teared into Ghana statistics on that very day.

He teared into ur inflation rates as false, he teared into ur monetary policy and questioned the rate at which ur inflation rises and fall sharply.

Let's leave it there. I just want u to know that u don't know half of what these guys know.

I don't think you're talking about the same IMF man as I know which will mean you're not being frank.

If there's one thing Ghana inflation rate does is to climb sharply which is purely market based but for it to fall sharply, it doesn't do that.

If there's one thing the IMF and WB have consistently been confident of from Ghana, it is it comprehensive statistics they receive. Infact they work more with the Ghanaian civil society which is quite robost to go over these stats and contract them for a separate report to justapose when need be.

There by, they have never disputed stats from Ghana. Apart from some years back when the Ghanaian govt removed loans contracted on the books of strong public companies, out of national debt because those companies were capable of paying the debt on their own.

Contact IMANI Ghana and see. I know these because I've been part of their consultations before.

Just40:
Your math is failing you again

😂🤣

900 cedis..I meant..it was a typo ...that is poverty in Ghana...wen a loaf of bread is 10 to 13 cedis...that is just on daily survival...removing rent.. emergencies..savings etc..3$ per day in Ghana is still a joke...u basically need at least 10$ in Ghana to be considered not poor..except u live in the village side

Just40:
I don't think you're talking about the same IMF man as I know which will mean you're not being frank.

If there's one thing Ghana inflation rate does is to climb sharply which is purely market based but for it to fall sharply, it doesn't do that.

If there's one thing the IMF and WB have consistently been confident of from Ghana, it is it comprehensive statistics they receive. Infact they work more with the Ghanaian civil society which is quite robost to go over these stats and contract them for a separate report to justapose when need be.

There by, they have never disputed stats from Ghana. Apart from some years back when the Ghanaian govt removed loans contracted on the books of strong public companies, out of national debt because those companies were capable of paying the debt on their own.

Contact IMANI Ghana and see. I know these because I've been part of their consultations before.

ok.

Save the date

Appreciation.😂😂😂

theenchanter:
Appreciation.😂😂😂

Kalenjine tribe in Kenya is among the poorest. No, they are actually the poorest. If she can do that to her entire tribe, then Kenya will be ahead.

I thought they said Ruto is that leader doing all the right things to cut cost?

GeneralDae:
I thought they said Ruto is that leader doing all the right things to cut cost?

Why are Ghanaian getting obsessed with Kenya?
Kenya this Kenya that... Dude.!! Take a break! You can't just make this thing to be all about Kenya. There are 3 countries here. I have never heard you calling out sh*t from any other country or debating other countries affairs.

Shma2023:

Kalenjine tribe in Kenya is among the poorest. No, they are actually the poorest. If she can do that to her entire tribe, then Kenya will be ahead.

but must someone win something before ur government do something irrespective of background?🤷🏿‍♂️

Just40:


Is 50% of Ghana's population 6.7 million? Basically, Kenya entire middle class is the size of Ghana's upper middle class. Go and argue with the World Bank and AfDB or the Kenyan president for making Kenyans that poor.

I'm patient with you that's why I can tolerate your verbosity. People over here can barely stand the stupidity you peddle around simply cos you're a Madman. I'm engaging you not because I'm a madman _ but because I want to poke holes into your puny brain and lay bare what is inside to the public. Furthermore, I want to understand your type of ret@rdedness.


So you said 50% of Ghanaians live above the $6.78 means, right?
Why is Ghana still classified as a low-income country. Your GNI per capita is light year ahead from hitting $4,086 the hell are you on about?

~ World bank
Countries with less than $1,035 GNI per capita are classified as low-income countries, those with between $1,036 and $4,085 as lower middle income countries, those with between $4,086 and $12,615 as upper middle income countries, and those with incomes of more than $12,615 as high-income countries.

I will take this as my last reply to you.

theenchanter:
but must someone win something before ur government do something irrespective of background?🤷🏿‍♂️

I anticipated this question. Government provide free installation of electricity poles and links. You need to pay for services on your piping and wirering. Government has already budgeted enough for electricity, it's upon you to buy the electricity meter and do your internal installations then the government will freely bring you electricity.

When I say those people are poor. I mean they can't even afford to think of electricity. Most of their houses are terrible. Buying an electric build is not on their priority list. They would rather invest and buy 10 cows than think of electricity.

Just40:
So again you were caught in a lie and instead of apologizing, you threw a tantrum and diverted to another topic. You don't even have the knowledge to comment of basic stuff as bread and butter. Find your level, kid

No one is jubilating, infact the govt is being chastised.


Next joke

x

DeezNutz200:
What I'm amazed is that nowhere in Africa besides one out of the 54 nations is successful and thats pretty sad.

Nigeria - Lol, nothing works there. You can bribe anyone to do anything you want.

Ghana - Bankrupt and Galamsey is destroying everything. The nation will be importing water soon.

Kenya - Heading for bankruptcy.

South Africa - Economic recession

Oh, you are all China slave boys and girls too hence its given them confidence to do anything to you with no real repercussions.

Shut up, Nerd.

Luzebox:
900 cedis..I meant..it was a typo ...that is poverty in Ghana...wen a loaf of bread is 10 to 13 cedis...that is just on daily survival...removing rent.. emergencies..savings etc..3$ per day in Ghana is still a joke...u basically need at least 10$ in Ghana to be considered not poor..except u live in the village side

You just repeated what I said.. 900 and below is Ghana's poverty mark.

You can get a big loaf of tea bread for 5 and 6 cedis.
People who spend that live in single rooms where they pay between 150-200 cedis on rent in compound houses and spend between 50 cedis and 100 cedis on electricity because they are lifeline consumers.

You basically need to be spending above the 3 dollars to be okay in Ghana and 80% of Ghanaians are above that 3 dollars spending rate.

This is why only 20% of Ghanaians are poor . Equivalent to 5-6 million people

Shma2023:

Why are Ghanaian getting obsessed with Kenya?
Kenya this Kenya that... Dude.!! Take a break! You can't just make this thing to be all about Kenya. There are 3 countries here. I have never heard you calling out sh*t from any other country or debating other countries affairs.

so obsessed with Ghana you are

Shma2023:


I'm patient with you that's why I can tolerate your verbosity. People over here can barely stand the stupidity you peddle around simply cos you're a Madman. I'm engaging you not because I'm a madman _ but because I want to poke holes into your puny brain and lay bare what is inside to the public. Furthermore, I want to understand your type of ret@rdedness.


So you said 50% of Ghanaians live above the $6.78 means, right?
Why is Ghana still classified as a low-income country. Your GNI per capita is light year ahead from hitting $4,086 the hell are you on about?

~ World bank
Countries with less than $1,035 GNI per capita are classified as low-income countries, those with between $1,036 and $4,085 as lower middle income countries, those with between $4,086 and $12,615 as upper middle income countries, and those with incomes of more than $12,615 as high-income countries.

I will take this as my last reply to you.

Let me scape your useless lunatic rants and address your concerns


I'm not the one saying it, Ghana census and living standard survey has been stating it for the last 10 years. The IMF, World Bank and AfDB have all been saying it as early as even this 2023.

Ghana has met most of the criteria to be considered a full middle income country except for having to collect 30-40% of GDP as revenue and it GNI per Capita hitting the 4,000 mark.

I won't be surprised if in 3 to 5 years from now, Ghana is reclassified by the World Bank

Just40:
Let me scape your useless lunatic rants and address your concerns


I'm not the one saying it, Ghana census and living standard survey has been stating it for the last 10 years. The IMF, World Bank and AfDB have all been saying it as early as even this 2023.

Ghana has met most of the criteria to be considered a full middle income country except for having to collect 30-40% of GDP as revenue and it GNI per Capita hitting the 4,000 mark.

I won't be surprised if in 3 to 5 years from now, Ghana is reclassified by the World Bank

Ghana is still a lower middle income country, not a low income country like the little Indian said and not a middle income country like you said.

GeneralDae:
I thought they said Ruto is that leader doing all the right things to cut cost?

Ruto is that leader saying one thing and doing another. At least as the borrowing to pay salaries has shown.

Abidjan this time around not plateau.



https://www.youtube.com/watch?v=Xoa6cu1ohao

Obaaderemi2:
Ruto is that leader saying one thing and doing another. At least as the borrowing to pay salaries has shown.

The guy is a smooth talker. Both he and Akufo Addo are blessed with the gift of oratory/motivational/brilliant speeches and making the public love them. Reminds me of Fela Durutoye in our 2019 election. Peter Obi also have such skills (to a lesser extent though).

Obaaderemi2:
Ghana is still a lower middle income country, not a low income country like the little Indian said and not a middle income country like you said.

Well I didn't say we are a middle income country. I said we have met most of the criteria to be considered a full middle income country except for 2 or 3 criterias.

I also said I won't be surprised if we are fully classified as a middle income country in 3 to 5 years.

Just40:
You just repeated what I said.. 900 and below is Ghana's poverty mark.

You can get a big loaf of tea bread for 5 and 6 cedis.
People who spend that live in single rooms where they pay between 150-200 cedis on rent in compound houses and spend between 50 cedis and 100 cedis on electricity because they are lifeline consumers.

You basically need to be spending above the 3 dollars to be okay in Ghana and 80% of Ghanaians are above that 3 dollars spending rate.

This is why only 20% of Ghanaians are poor . Equivalent to 5-6 million people

you said spending below 2.5 dollar...Im just telling you spending btw 3 to 9 dollar right now in Ghana is still really poor unlike some other countries..10$ is like the survival point.. you still can't even live good on that...it like u are not understanding...I am tired of dragging this

Every single time😁..how many illegal immigrants are in SA?.. operation dudula is back😁..the average weed smoker in SA believes his job is been taken by a foreigner

Luzebox:
you said spending below 2.5 dollar...Im just telling you spending btw 3 to 9 dollar right now in Ghana is still really poor unlike some other countries..10$ is like the survival point.. you still can't even live good on that...it like u are not understanding...I am tired of dragging this

In Ghana right now as I'm telling you and according to global standard set by the world bank and Ghana statistical service who have observed living standards in Ghana to set what is poverty and what you have to be spending to be above the waters. If you're spending above 3 dollars in Ghana per day, you're doing pretty well and if you hit 5.5 dollars you're in the middle class

You're dragging something you're still not understand. This is the global standard and in Ghana, you'll live a good life if you're spending above the limit set as the poverty line.

No matter what country you're in in Africa, if you're spending below that 3 dollars mark, you're pretty poor. You may be able to feed yourself but won't be able to do anything else.

Just40:
In Ghana right now as I'm telling you and according to global standard set by the world bank and Ghana statistical service who have observed living standards in Ghana to set what is poverty and what you have to be spending to be above the waters.

You're dragging something you're still not understand. This is the global standard and in Ghana, you'll live a good life if you're spending above the limit set as the poverty line.

No matter what country you're in in Africa, if you're spending below that 3 dollars mark, you're pretty poor. You may be able to feed yourself but won't be able to do anything else.

I get what you are saying...that is the least for any one...still each country has its standard also..for an American 50$per day is crazy poor..becos of the cost of living ..in Nigeria..you are in heaven if u earn that per
two days..in Ghana 10$ per day is still bad..in Nigeria you are doing well ..are you saying. 5dollars 50cedis per day is middle class in ghana

Obaaderemi2:
Ruto is that leader saying one thing and doing another. At least as the borrowing to pay salaries has shown.

But how long will they keep on borrowing to pay workers?
I think it's unsustainable.

Obaaderemi2:
Ruto is that leader saying one thing and doing another. At least as the borrowing to pay salaries has shown.

Obaboon, self depreciating humor is not a virtue.