₦airaland Forum

Boy you can lie oo


As at March, Ghana forex Reserve without oil money was 9.8 Billion dollars.

According to IMF in the June country update, Ghana forex reserve is 8.3 billion dollars which is 4 months import cover

Lie no more

we are not Kenya whos Fore reserve has dropped to 5 billion dollars.

rvp20182:
This is from your daddy the IMF

Gross international reserves stood at 2.7 months of imports in 2018, lower than the three-month rule-of-thumb benchmark and the norm of 3.6 months estimated by the model for resource-rich LICs (Lower-Income Countries) with a flexible exchange rate.”

IMF said this in its country report for the country.

Figures in the report indicate that Ghana’s gross international reserves for 2019 were $5.1 billion, about 2.4 months of imports cover and forecasted to reduce to $5.01 billion in 2020 but increase slightly to $5.06 billion next year. This is equivalent to 2.3 months of import cover.

its alway fun seeing them fall head over heels to paint their backward country like a progressive one.

when we all know their story in East Africa

Austine1213:
Lol let him be

He's funny

cockless kenyan in zombieland

Shma:
Zombie waiting a reply.

such cockless men

Shma:
.

those are even far advance than the zinc shacks that 90% of his country men live in

Austine1213:
Lol places like that are less than 1% of settlements in SA

Let him consolidate himself

boy
we dont have BOP issues

cant you see, our export is way higher than our import ?

Our forex reserve without the addition of oil money has dropped from 10 billion to 8.5 billion.

that is fast higher than your country reserve.
funny kid.

in manufacturing, your country hasn't even began and that in why your import is almost 4 times you export.
The total manufactured product export of your country is less than 700M

rvp20182:
You won't be having balance of payments issues if you had good handle on trade. Your forex reserves are not even 5B dollars. I saw you included soverign funds in the forex reserve because without it - you have 1.5Month of import cover.

Don't talk about manufacturing - you are still in stage 1 - import substitution.

isnt that better than where 90% of kenyans live ?

rvp20182:
The typical house in South Africa rural. This is where 40% of South Africa live. That is about 25M people.

Grass thatched houses that are so off grid from any road or electricity or water.

Shma:
I'm not hurted zombie, all you have spewed is hatred and anger.
We have never talked bullshit about your country and you can go on and ask the likes of JaceBlaze, IronGalaxy and the likes.
You're acting like a deranged Ghanaian.

a deranged person in Ghana is an every day kenyan in kenya

rvp20182:
Here we go with lying latest export figures - 2019 - total export 16.7B dollars. None in anything processed. Except maybe semi-processed cocoa and cocunut, palm oil. Nearly 80% in natural resources that nature gifted you.

yes our 2019 export dropped to 18 billion from 20 billion

our processed goods export is more than you country total export

you can stop making noise you.

we have successfully reduced our import to 12 billion dollars while increasing our exports.



our mineral export is 40%

rvp20182:
We have huge domestic market. We are first in intra-africa export (52% of our exports) - exporting processed goods. We are first in East Africa Community. We are 2nd in COMESA region. We are first in AGOA - outside minerals - exporting more than 0.5B dollars worth of apparrel.

All our exports including tea have some processing done on them

In the meantime - don't change the topic - show us anything processed you export. This is 2019 data
https://oec.world/en/visualize/tree_map/hs92/export/gha/all/show/2019/

The data is available to you ?

250 million vegetable oils
200 million rubber products
300 million Aluminium products
400 million iron products
100 million chemical products
350 million canned and other processed fish products
50 million concentrated milk products
1 billion dollar Cocoa products
50 million vehicle parts
150 million electrical and electronics
70 million powered machines
ships and boats


cant you see all the stuffs we export?

rvp20182:
How does that graphical representation of the same data help your case. Show me anything manufactured or processed that your export.

For instance
you can click on any of the product we export that sum up to 20 billion dollars and have your actual value.

Austine1213:
73% of kenya is rural we know how and where most of them live

There's one city in kenya, Nairobi

rvp20182:
You don't rear cattle? And don't talking manufacturing -ghana-and kenya in the same sentence. Kenya is regional manufacturing giant of east africa. We are only 3rd after Egypt and South Africa.

oh please

dont make me laugh

you guys dont make anything in your country.

that is why your import bill is so high at 18 billion.
you import everything.

with just 5 billion of tea and flowers export.

such nonsense

https://oec.world/en/visualize/tree_map/hs92/export/gha/all/show/2018/


next time get the facts well

rvp20182:
Stop lying - show me anything processed here.

https://trendeconomy.com/data/h2/Ghana/TOTAL
Ghana's Top Exports in 2019:

36% ($6.19 billion): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form.
31% ($5.25 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude.
11% ($1.85 billion): 1801 - Cocoa beans, whole or broken, raw or roasted.
2.44% ($409 million): 1803 - Cocoa paste, whether or not defatted.
2.08% ($349 million): 2602 - Manganese ores and concentrates, including ferruginous manganese ores and concentrates with a manganese content of 20 % or more, calculated on the dry weight.
2.01% ($337 million): 1804 - Cocoa butter, fat and oil.
1.46% ($246 million): 0801 - Coconuts, Brazil nuts and cashew nuts, fresh or dried, whether or not shelled or peeled.
0.872% ($146 million): 1604 - Prepared or preserved fish; caviar and caviar substitutes prepared from fish eggs.
0.722% ($121 million): 2843 - Colloidal precious metals; inorganic or organic compounds of precious metals, whether or not chemically defined; amalgams of precious metals.
0.648% ($108 million): 1511 - Palm oil and its fractions, whether or not refined, but not chemically modified

I always talk about my country with facts kiddo

now shut up and enjoy Ghana zombie

popizaino:
Shut up nobody made you south African spokesman. Pot calling kettle black.Defend your country with facts when called upon and as it is now no one has time for your dwarf country so shut up and get sense.

Austine1213:
The whole population of whites in SA is 5m, they could fit in Johannesburg alone

So someone asking where black south african live is actually ignorant and dumb

64% of SA live in urban areas,

dont mind the dumb empty kenyans

they are souseless in their own country

rvp20182:
Why can't you not process milk yet your country is teeming with cattle.What manufacturing can you really do if you cannot get basics..agro processing

we process tones of milk we just dont rear cattles.

see this lazy kenyan talking about agro processing


the value of our agro processing export alone is almost twice your country total export.

funny kid

40% of my export are minerals yes they are.

the remaining 60% are processed and semi processed goods.

why are you guys so lazy in kenya?

rvp20182:
Nearly 40% of your exports are precious little gold.30% oil.15% raw cocoa beans.10% is other minerals.Remainder?

That is Ghana investment Promotion center

All FDI pass through them.

Shma:
does Ghana attracts more FDI than Nigeria?
I really doubt your source.

because they produce nothing

obaaderemi:
Why is it that anytime business and industrialization are mentioned, Kenyans become uneasy?

obaaderemi:
Farming and supermarkets.
A useless consumer society.

busy consuming European, Arabs and Chinese goods there by creating jobs in those economies while their own economy keep losing jobs

Shma:
The zombie is spewing lies from all corners.
Do you think you will gain anything by lying.?

simply fact kiddo

You can view our 13 billion import and 18 billion export

rvp20182:
How can you make chocolate when you cannot manufacture milk.

Our neighbours make tons of milk which we buy.

Shma:
I think Nigerians should just ally with this Zombie, he has struggled alot.
See how desperate he sounds while mentioning nigeria in all his convo.

see the other zombie who cant form two sentences of his own to talk about his hopeless country.

Grow a brain so you will be able to talk about your country

empty head

mtisTheQubit:
dude give it upman...
Its not about Nigeria...its about Ghana please

you are attracting kids who have seen the opportunity that you kenyans cant even see in your own country.

They come to your country to fill the space that you guys are incapable of filling because of your docile nature in all things.

Here, we dont wait for others to come and do it for us
We create build up with our ingenuity and they sink in cash to be part of our success.

rvp20182:
Top performer based on what. We are attracting top talent from silicon valley with top dollar because we are making it very easy to do business. Last year were were no 56 world wide. This year we should be top 50.

Those guys would have gone anywhere including Ghana - but like most of large multinational - they are choosing Kenya.

In that regard Nairobi is competing with Joburg.

your write ups lack sense
there is no point in it.


You dont have the brain to type something sensible.

Desperate cockless kenyan

years of deprivation have made you a zombie in your own land

Shma:
you're really trying zombie, the guest are just laughing at your desperation.
Is it weird to have white ceos cos I guess the list you have provided is all about whites.
I'm suspecting it way you who came up with those pics so that you can find the opportunity to debate us.
Are you a blogger?

mtisTheQubit:
Again my west african black kid...

Isnt that why you guys a so docile and cockless

unproductive black kenyan

after being castrated by the Brits, you guys felled into a circle of emptiness

rvp20182:
what manufacturing when they cannot make chocolate from cocoa?

These are folks still celebrating one district one factory

You can read this to inform yourself

https://www.gipcghana.com/press-and-media/680-ghana-attracts-over-us-3-5-bn-fdi-in-2018.html

The slaves were usually brought from outside Ghana to slaves markets in the north.

Unlike you guys who sold yourselves to the Arabs to abused by goat fuvkers

mtisTheQubit:
why do you think AA want to come home...you sold you ancestors to lands of cotton....

Your report is wrong as usual

all mineral development have been put on hold this year.

All foreign investment that have come here has gone into manufacturing.


https://www.gipcghana.com/press-and-media/680-ghana-attracts-over-us-3-5-bn-fdi-in-2018.html
But the level of total investment commitments for 2018 (full year for GIPC but first nine months for the other agencies) at US$3,676.49 million is likely to fall short of the US$6,189.68 million (full year for all for agencies) because of sharp declines by the Petroleum Commission, Minerals Commission and GFZB which only registered commitments during the first three quarters of the year, to the tunes of US$134 million, US$770,000 and US$990,000 respectively, down from 2017’s full year levels of US$493.86 million, US$549.59 million and US$1,400.63 million respectively.

mtisTheQubit:
Please stop with the lies..no one buying ya crap man

Foreign direct investment (FDI) in Ghana

According to the UNCTAD's World Investment Report 2020, FDI flows in Ghana decreased from 3 million to USD 2,3 million between 2018 and 2019. The FDI stock reached USD 38,5 million in 2019. Mining and oil exploration are the main sectors that attract most of the FDI . The country hosts annual summits (Ghana Investment Summit) to position itself as hub in West Africa for foreign investors. China has the highest number of investment projects registered with Ghanaian institutions, followed by India, the United Kingdom, South Africa, Turkey, Mauritania and France.

rvp20182:
Sounds like bla de bla. What do you really manufacture - when you cannot manufacture chocolate from Cocoa.

We manufacture and produce almost everything we need

have you not seen our exports and ever declining import?


we process 60% of our Cocoa into Chocolate and other Cocoa products.

why are your people still slaving themselves in others farms?