₦airaland Forum

vaxx:
Market research intelligence. redd intelligence has assured Ghana IMF 3 billion dollar imf loan will be approved next year January

completely not needed but this govt will do anything to screw it bond holders in a tit for tat game that it is playing...

All because it selfishly pumped a lot of money into oil investment rather than getting partners to partner with in development.

Positive is that manufacturing is yielding good results and monies pumped there was a smart move.

Obaaderemi2:
The idiot might not know this. But everyone knows this is the 4th quarter. He's just arguing blindly trying to curry favour.

I think he doesn't know what has gone on this year or just trying to prolong a conversation

jl115:
my bru.... You ain't a source....fvcksake just use logic as to why you can't be a source!!

I guess you don't know who a source is .. anyone with first hand information can be a source.

If not for me, you wouldn't have known that the platform had no data and the little you could find weren't accurate in the 3rd quarter of this year

popizaino:
No point just heckling.

do you even know what we are talking about?

As usual, always seeking attention

jl115:
your an anonymous nairalander who has made some questionable posts before..... You ain't a source

Yes I am a source

And everything I've said here is easily verifiable.... I'm sure other users have tried using data mapper over the past few months and found the site empty of any usable data.

This is why just like the other platform user is saying, data mapper end of year data will be more comprehensive and usable but for now their update is lacking new data for so many countries

jl115:
source?

I'm the source .... I am a high user of data mapper

For the entirety of 3rd quarter, the site had no data for any country....
They only recently started replacing first quarter data for countries and for those that they could review new data, they added.

I'm sure you're not aware of this because you don't really use it

It's a good and useful site

jl115:
South Africa has published its 3rd quarter data, Kenya has published its half year data and Nigeria has also published its 3rd quarter data.

So again what's your point?

IMF does not have them on data mapper, their team hasn't reviewed most data yet

jl115:
they are updated quarterly for most normal functioning countries.... So again what's your point?

yes but this year has been abnormal so they've been unable to acquire recent data for most economies and have had to main first quarter Data..

Entire third quarter, they had and empty site

jl115:
Your point is what exactly? I didn't say every country has updated their own GDP figures.... I said I'm posting the latest IMF figures

The point is just there in the comment

Most of the data in data mapper is not up to date for most countries because they still remain 1st quarter data with the exception of the growth rate projection.

They'll have a comprehensive set of data by end of year... Things have delayed for most of their data because of the challenges they faced.

If you had checked last 2 months and even last month, you wouldn't have gotten any data on that site for most countries.

jl115:
it's the IMF economic report which was updated in October.... Now stop being ret@rded

First you agree with the figures and now you have a problem?

Actually, some of the data for most countries have not been updated yet.. except for few countries like Kenya where because of IMF constant engagement over the last 3 years, they've had a quick update on all their data in datamaper.
Most countries data are still in first quarter with the exception of GDP growth rate projection which is accurate for all countries


Typical kenyan cognitive dissonance

Shma2022:
January is going to be a hard year for Ghana. The year of return returnees will go back with their dollars. Ghana will return to their sinking ship --- normal state.

Their impact is insignificant on the Ghanaian economy...

What has been significant so far is the fact that Ghana has remove 5 billion dollars per annum that it spend on fuel, from hard currency request to cedis so from next year, oil marketing firms will be buying fuel using Cedis rather than dollars.

As well as the Central bank gold hold will grow even higher so the cedi will see even stronger performance.

I can't say same for Kenya... The pressures are mounting on you guys

Shma2022:
Road quality index --- way ahead
Economy of accra is not better than Nakuru.
Skyscraper index --- Accra is in oblivion.
Infrastructure index : Nairobi is way above.
Transport and logistics index: Nairobi is playing with big boys, not with third-tier cities.
Health index: Nairobi is doing fine.
Education: We are way ahead. Only south africa can have a say.
On the living standards, Nairobi has more dollar millionaires than Ghana. People living above $4000 monthly income are twice that of Ghana.
Security --- Ghana security is below average.
In short, we are ahead of accra in almost everything serious.
All these have been tackle. I won't repeat.

Let me just laugh

Accra electricity consumption 1000MW more than half of entire Kenya
Accra paved road 10,457km also more than half of all of Kenya

Accra Healthcare infrastructure, supplies and outcomes is top notch and compare to world standard which is evident. Better than all of Kenya.

Education in Accra, just like all of Ghana is rated better than Kenya and ranks only below Egypt, SA, Tunisia

Accra transport infrastructure and provisions is rated higher than Nairobi in Mercer QOL

Living standards of Accra people is rated higher than Nairobi in all just like Ghana standard of living is higher than Kenya.

Housing quality in Accra is world standard as evident in both cities housing data where 40% of houses in Nairobi are mud houses with muddy floors or cow dung walls

As for crime, Security and things...everyone knows that Accra is more secure than Nairobi..
You can walk through areas at midnight with no problems

Obaaderemi2:
All of a sudden Hanke's data tallies with the data from the Ghanaian government. That guy's knowledge is crap. He said the government was lying before.

I wonder what he's teaching at Harvard

He's really dumbing down kids who are paying top dollars for supposed good education

Shma2022:
We need all evidence: data, picture test, opinions, plans, and whatnot. Your president is the embodiment of Accra state. If he aims for Nairobi of 1990; then trust his vision.

cry

So far every data puts Accra above your Nairobi and it's evident when you pick every single area of development and compare.

No wonder you guys get so jittery when they ask you to post your communities.

A country that does not even have data on the living standard of Kenyans except for the little info it gets when it does census every 10 years wants to compare itself to Ghana that knows the living standard of Ghanaians every 2 years apart.

Good luck

Shma2022:
NOPE. A fool has no cognitive power to discern and challenge data. Data are challenged by smart minds. Only, Dwarfs' brains think documented data are final and truthful, sad!

Exactly what Kenyans have been doing

The cognitive dissonance you're displaying right now

Shma2022:
Nope! The link is more accurate. People who suffer from selective amnesia like you can easily cherry pick where you find suited.

cry

Shma2022:
We don't dislike data. We challenge data. Data are not static; they are dynamic. Projections are not accurate --- but they can give us somee benefit of the doubt. Expired data is like a dead entity... Can only be archived for reference purposes or history.

Link is all we need. Links are proper tools for Fact-checking BS.

bunch of nonsense

Only a fool challenge data that is representative.

For instance, Ghanaians and Nigerians challenged Steve hankes inflation calculation because it wasnt representative and was mostly fraudulent.

Today we've all been proven right .... It is impossible for inflation to reduce from 150% to 56% in one week unless Hanke’s inflation methodology is fraudulent. A measure of inflation that jumps by more than 7,132 basis points in 8 days is no measure at all.

Obaaderemi2:
Picture test.
Which of the animals came up with that phrase by the way?

rvp followed be shma

Once you ask them to post the rest of Nairobi, all they do is post places with just 50,000 people.

Then you ask, so what are they afraid of

Obaaderemi2:
They're insecure. I really don't know how to help them.

I wonder why they are

Shma2022:
All I asked you was to drop a link. why are you hyperventilating ?

the screenshot is enough for you.... Even the one it was sent to did not contest it because he knew it was true

So your noise is nether here nor there

Shma2022:
2008. How will that prove anything when Rvp is giving you 2022 data? Are you deranged or something?

Keep crying ... Your tears are sweet though


I've never seen people who detest data like Kenyans, next thing you'll here is picture test( lest see which one is beautiful) only for them to spend the next 3 years posting 3km area as if that's the only place in the country

Obaaderemi2:
Too bad. You can't have a civil discussion with them.

They will always deflect to something unrelated or throw tantrums

Shma2022:
Rule of 'engagements' // debate.

provide evidence or reasons to support the statement.
Facts presented in a debate must be accurate and well backed up with links or photos
Dates presented should tally, and the recent data will always speak volumes.

The point here is... Make your argument make sense. We need to fact-check the validity of your gibberish through references.

When you read the screenshot, it wasn't evidence enough for you?
The date is already there November 30 ..... The one you're still pissed about also have a 2018 date

See lame argument

Obaaderemi2:
Don't make the shem.ale cry harder. He's crying on my mention already.

I was having a discussion with human beings, the ugly animal put his smelly cancerous mouth. Always looking for attention.

They always lack understanding of the things they seek to discuss
Once you bombard them with facts, they start throwing tantrum

Good... @GeneralDae is here
You're into finance as well right?

So I can post this

Shma2022:
2007 is not 2018. Even so, 2018 from 2022 is a whopping 4 good years from the status quo. Although, you know very well that you're lying.

People are posting links and backing them up with screenshots. You're just ranting with 2015,2016 --- 2018 data to prove 'how Kenya is not doing terrible as Ghana,' smh!

Denial is a stage of grief so I don't expect less

Keep crying, I don't need to post link about your own country which youre supposed to know, screenshot is enough. After all, your reaction will be the same

Obaaderemi2:
That one is a lunatic at a young age. You may have to educate him about everything. I got tired of doing that for free. That's why I offered his dismembered carcass to you.

And guess what, he's a phantom statistician

Shma2022:
Post the link we check the date. Don't post for us outdated data. I remember you once posted 2007 data for Africa sustainable index just to counter 2021 data, WDT!

You're still on this?
Even when the data was proven to be a 2018 data?

Keep screaming

I hate it when I have to educate you about your own Country.... Scan your media headlines, it was news for quite sometime last month

rvp2018:
Bankrupt Ghanian bankrupt of ideas.
Kenya debt service this year will be 1.3 trillion - our revenues including AIA projected at 2.6 trillion.
THAT is 50%
Kshs is at 123 - this is actually where KSHS should have been - and we are happy.
Central Bank is not defending KSH
This was our medium-term target - IMF wanted devaluation done ASAP but this crisis has done it.

IMF and Kenya technical analysis conclusion was that KSHs was overvalued by 20% - something like 127 was the target - Kenya gov refused to devalue saying the market will decide - IMF disagreed and categorized KSHs as managed currency

Kenya gov is happy with depreciation - this crisis has got us where we wanted.

Mind your bankrupty - and see you in 2040.

I am going to enjoy the shiet show.

Next country to watch in Africa - Nigeria - but they have got their oil game ON.

You're well done. We are moving to watching Nigeria.

Read from IMF themselves concerning your managed currency.... The little Forex your country gets, it uses it to keep an artificial rate for the kshs devoid of market sentiments.

Watch your currency slide to 160kshs as your CBK is busy burning through it forex with dollar shortage already strangling Kenyan business people.

Kenya is the only bankrupt country here with no sovereign wealth funds... The 450 million IMF money that arrived yesterday is not even enough to cover your import for this month.

By IMF recommendation... You'll have to offload almost all businesses that the Kenyan govt own and even this will not be enough to cover your Eurobond that is due in 2024.

Ghana is sitting on a sovereign wealth fund that can immediately make available billions of dollars if there's a need for it but right now there's none.

Obaaderemi2:
Africa seriously needs to do something about debt in 2023. It's beginning to look like a trap to keep Africa down. Even on individual basis debt is bad. It stunts growth. Money needed for development goes into paying back debts. That's a recipe for future lack of development.He who goes aborrowing goes asorrowing indeed.

It affects growth of the economy. It's seriously affecting growth rate in Nigeria. I think we're supposed to grow at around 3% this year. What's Ghana:s growth rate for this year?

We were expecting 5.8% but currently doing 4.8%

rvp2018:
You're wasting your time hoping kenya will join Ghana . Try Nigeria.
Kenya is Africa most resilient economy that has braced through all sorts of crisis including 1990 sanctions.
That is why we have one longest democracy and you see Nairobi - and you cant believe it.

Kenya is not your typical SUB SAHARA economy that depends on nonsense like minerals

Kenya revenues in 5 months - up 10%
Last year it improved from 1.69 trillion to 2.03 trillion.

This year the target is whoping 2.46 trillion.

That fool is almost 24 B dollars.

Give up. Next year we hit 30B dollars - and 5yrs we would be at 40-60B dollars - South Africa is at 80B dollars.
https://www.bloomberg.com/news/articles/2022-12-18/ruto-vows-big-revenue-boost-budget-cuts-after-kenya-downgrade#:~:text=Ruto%20targets%20to%20nearly%20triple,the%20US%2DAfrica%20Leaders%20Summit.

https://nation.africa/kenya/business/kra-five-month-revenue-collection-up-10pc-4058408
The Kenya Revenue Authority (KRA) has recorded a 10.2 percent growth in revenue collection for the first five months of the current financial year, driven by new tax measures and positive economic recovery.

National Treasury data shows KRA netted Sh758.58 billion in tax revenue for the five months to November, an increase from the Sh688.08 billion tax revenue it collected in the same period last year.

The Treasury introduced a raft of new tax measures in July through the Finance Act, 2022 including an increment of excise duty on products such as fruit juices, cosmetics, beer, wines, spirits, and cigarettes

But with just a month to cross the first half of the fiscal year, however, KRA still lags in its race to collect the National Treasury target of Sh2.46 trillion tax revenues exclusive of grants by the end of June.

KRA collected a record Sh2.031 trillion in revenues for the financial year 2021/22 up from the Sh1.669 trillion it collected in the previous year.

another bunch of nonsense that does not deal with Kenya reserves decline to 7 billion
Debt service taking 70% of revenue
Kenya shilling trading at 127kshs
2 items taking 140% of revenue
Kenya govt swapping it debt and domestic debt getting under subscribed leaving your govt in a desperate situation unable to finance itself.

Kenya is in the company of defaulters like Sri Lanka, Lebanon and co don't try to compare Ghana to your mess.


I like your wishful thinking that 2 trillion kshs is equivalent to 24 b

Kenya is in dire need as a growing import bill and debt servicing cost has depleted the Kenyan reserves.... Even Kenyans don't want their Govt bonds and treasure bills anymore ...
Hugely under subscribed by 40% consistently.

Kenya debt now 9.7 trillion kshs and GDP 106 billion dollars with the shillings depreciating fast.