₦airaland Forum

You Ghanaians suffer from inferior complex.
Clearly Uganda came to understudy one aspect of health case - waste management.
That is how you dispose syringes and such - I guess incinerators
It doesn't mean you've nailed all the aspects of health care.
You may have nail for example prima facia - universal health insurance, nursing and now waste management
But there are other aspect you're still below many countries - for example how many specialists do you have?
Are Ghanaians going to say South Africa or India for complex surgeries - most likely yes.
Every country is almost better in one or two things - and people go to benchmark there - but that does make the country best.
To be the best - you need to nail - everything.
Ghana will for example need to have at least 30,000 doctors - and maybe 5,000 specialist.
I think you barely have 5,000 medical doctors.

Nigeria claims to have lots of medical doctors - and in that aspect of healthcare - they are ahead.
You should therefore cross over to Nigeria and understudy how they trained those many medical doctors.
I am personally pretty suspicious of anything Nigeria claims.

vaxx:
You want me to acknowledge a page that is not peer review . How blockhead can you be ? So numbeo is your reference ? This is the reason I called you a road side economics.


When uganda your next neighbour want to understudy best health system practice , they didn't used kenya , they fly to Ghana to come understudy us.

“This visit came at the right time for us in Uganda as our health care waste management was found to be one of the worst performing areas in the health sector. We were informed that UNDP and the Government of Ghana have done a very good job in this sector and our Ministry decided to visit and learn from their initiative.”, noted Ms. Achii.

Anything to save KQ. There are lot of American tourists to Africa; so maybe there is scope to build partnership with Delta. KQ direct flight to US should expand and link up with Delta so KQ can "fly" more destination

NTSA:
@rvp whats your take.?

Pay debt first. That is 1st thing everyone does.That first charge on your account. The rest are details. Cant pay debt. Youre broke and bankrupt.

Just30:
Screams of a guy from a bankrupt country who thinks everyone must be dragged to his country desperate level.

Bankrupt countries don't make health care complete free for their pensioners.
Neither do run a health insurance for all that covers a wider range of things.




Kenya can't afford these things else in your current bankrupt state where you can't pay your debt, your country will handed over to your masters ( creditors)
No wonder everything project wise has stagnated in Kenya

Deflating what? That something I taught you today hunter

jl115:
. Real gdp is nominal divided by a gdp deflator... Its simple... Just accept what it is.

And yes for the thousands time I know what gdp ppp is, you don't have to continually copy and past what it is.

YOU CANNOT AFFORD ANYTHING NOW - YOURE BANKRUPT

Just30:
something is madly wrong with you... Even a kid can reason properly than you.

When did subsides become free tuition?

Ghana can afford it and that is why Ghana finance it.

IMF has not touched that for the last 50 years that it has been in place and won't touch it now. The last Ghanaian govt intermittent runned a budget surplus.

Kenya can't afford such hence IMF will simply force you to remove such kid of spending.

When was the last time the Kenyan govt even had a budget surplus ?

Yes nurses can be bonded...or just simply convert all the free tuition/money into higher education loans.
US graduate with gazillion of education loans - why would africa developing countries allow their kids to graduate & emigrate loan free
Ghana has to stop bankrupting the country with unneccesary expenses.
Convert all these things into loans - then whenever wherever you end up - you pay gov.

IMF are coming anyway to put some of these common sensical reforms to action.

Just30:
not even the US or UK does that.

You'll have to pay the money back if you decide not to serve

Can only happen in communist dictatorship like Cuba. It can't happen elsewhere. Ghana will benefit from FOREX. It a stretch to imagine gov following these people abroad to get piece of their salaries - even if they go in gov-to-gov arrangement. Ghana can ask for other benefits from such gov like road money grants

QuietMynd:
Govt should look for other source of income rather than getting cut from citizen salaries abroad, it doesn't speak well for the govt.
All this money we talking about are peanuts to any serious govt

Real gdp is only relevant to that country- - everything is local
For international comparison - we used USD - as defacto -- everyone converts to it - therefore usd/rand exchange matters here.
Because of some weakness in the above - we try to come up - with middle ground - by developing PPP basket of goods like big mac index.
So PPP now (world bank ICP) basically go round the world finding out the price of bread - and then try to standardize - because bread is bread.
This PPP team basically collect prices worldwide and try to compare them - and deflate them.

jl115:
1. Yes what I said

2. No

3. Its to establish a better and fairer comparison between economies

4. Real gdp is just nominal gdp divided by a deflator... That simple

5. Nope I'm not confusing anything

6. The Kenyan shillings depreciated from Ksh81 shilling : $1 10 years ago to Ksh123 : $1 so how do you explain your logic with the above?

7. No

I dont think you know crap. You would have known Penns world table.

jl115:
I know what GDP ppp is my bru....its literally my job to know.... Once again you are copy and pasting irrelevant information that has nothing to do with what we are talking about

More reading for the hunter.
PPP are international comparisons - so someone outside South Africa - has to try compare price of bread in almost all countries - and come up with base prices for bread for each.

The last I checked that someone was either university of chicago or two such universities in the US.

This now done by world bank under ICP
https://www.worldbank.org/en/programs/icp

It used by the University of Pennsylvania

The last base years for PPP - 1970, 1973, 1975, 1980, 1985, 1993, 2005, 2011 and 2017 - they should soon release a 2021 one

The ICP celebrated its 50th anniversary in 2018, having grown from a modest research
project in 1968 spearheaded by the United Na�ons Sta�s�cal Division and the
Interna�onal Comparisons Unit of the University of Pennsylvania and supported by
financial contribu�ons from the Ford Founda�on and the World Bank. ICP comparisons
have been completed for 1970, 1973, 1975, 1980, 1985, 1993, 2005, 2011 and 2017.
Country par�cipa�on consisted of 10, 16, 34, 60, 64, 115, 146, 199, and 176 economies
respec�vely. The next ICP comparison will be conducted for reference year 2021.

I dont we will agree soon.
1) Real GDP - deflate inflation within the country -
2) Nominal GDP (USD) - handles currency appreciation or depreciation using USD as global base price if you will.
3) GDP PPP - is attempt to cure USD inaccurracy esp as some countries just manipulate exchange rate to keep it low mostly.

Real GDP IS Totally LOCAL.
Nominal and PPP - are international.

Youre confusing real gdp in local prices and PPP - which are market prices weighted by USD. These have their own series.
For example South Africa might have PPP that are more up to date than kenya.

Each country develop their own base market prices based on local currency- they just pick a year - and that is that. PPP series last I checked were developed by some university in US with help of IMF - and countries try to adapt them - and keep them up to date.

Now let give you good example kenya.

In last 10yrs - Kenya GDP has almost tripled - from 40B to almost 120B - in nominal GDP.

GDP growth rate alone cannot explain that growth - real GDP is way less.

Country growth in nominal therefore is GDP growth rate + or - currency appreciation/depreciation against USD.

jl115:
1) you use the base price to calculate GDP..... You don't use the current USD exchange rate.... That's what your brain can't comprehend.

2. Real GDP has nothing to do with the current currency exchange rate but rather to do with inflation, obviously currency depreciation could increase inflation but that's a different matter.... Real GDP is just Nominal GDP divided by a GDP deflator

3. No its an attempt to make it easier to compare economies to each other

1) What matters is official dollar rate when full year results are done or at end of the year. There is nothing like short term or long-term currency depreciation. Ghana is therefore ending on a high.... otherwise their nominal GDP would have taken a huge hit. If rand collapse now - your nominal GDP for 2022 will similarly collapse. There are many example - Angola, Sudan, South Sudan, Tunisia, Libya are good example.

Few years ago, their economies were great, but USD has hammered them.

2) Base prices are not converted into USD. That is nonsense on stilts. Real gdp is calculated entirely on the country currency. And the base price is simply the prevailing market prices of goods and services of a base year. This is why selection of the base year is critical.

3) PPP - is an attempt to fix nominal GDP.

jl115:
1. Long term currency depreciation obviously has a negative impact on GDP.... Short term currency fluctuations don't hence why base prices are calculated every couple of years and not every year

2. Yes I know

3. Nope it's used by using the base price of goods in USD and isn't calculated by using the dollar rate at the end of every year but the base price x total goods and services rendered for that year.

4. Yes I know

5. Yes I know

6. Yes I know

7. Yes I know

8. Yes I know

9. Yes I know


You do know copy and pasting paragraphs of irrelevant information doesn't make you look smarter...

The day you educate me on anything; the sun will rise from the west.
I have worked with US gov to assist countries including Ghana conduct census and national accounts (GDP)
My female colleaque was in Ghana - in 2007 or earlier - while I was in Rwanda.
Assisting poor countries like Ghana and such to build their statistical capacity.
I was personally helping many countries install, configure and set US survey tool called CSPRO.
She was mostly doing microdata - another tool by worldbank for statistical services like Ghana
You know nothing.

Just30:
Someone should freely educate this lunatic for me..

He thinks he get his GDP, inflation figures and other economic data from his population census instead of his statistical service carrying out a market research.

I leave this job to the South Africans

Healthcare is not nursing only.
It both preventive and curative measures to ensure the healthy wellbeing of the country.

Let try this Numbeo Health Index

Health Care Index is an estimation of the overall quality of the health care system, health care professionals, equipment, staff, doctors, cost, etc. Health Care Exp Index - is aiming to show health care index such that it raises MORE (exponentially) if the health care system is of better quality.

In Africa...


African Countries With The Best Healthcare Systems (2022)

1. South Africa (63.97)

2. Kenya (63.40)

3. Tunisia (56.54)

4. Algeria (52.88)

5. Nigeria (48.49)

6. Egypt (47.01)

7. Morocco (45.57)

� Source: Numbeo's Health Care Index.

vaxx:
Ghana is far doing well than kenya when it comes to nurses to patient ratio . So this debate isn't for you. Our health sector is by far top notch. I read the last time your president is about rolling e- health. I laughed at it , because Ghana already outgrown that category a decade ago. Our health insurance system is fully digitized and now has a larger coverage. At least some few years ago, we are doing about 80 percent coverage , we should be at 100 percent now or thereabouts.


We can afford to send more of our personnel abroad , we are now producing them more than necessary. And about agriculture, Ghana and kenya agriculture practice is still purely agrarian. And little upgrading have been done .

Ignorance is a bliss.
It is rebasing. Not rebasement
Yes, census data is key.
This has nothing to do with LSMS - living standard measurement studies.
GDP rebasing is understanding the structure of the economy, the quantities of economic activities and the value (prices)
Census is not just counting people; it also counting economic activities.
And it's basis of GDP calculation.
There is no data better than census as everyone get counted & asked questions - the rest are mostly sampling

Just30:
See nonsense

Is it census that is used for economic data ?

Who is talking about re-basement?

I said our statistical services public Ghana living standard report and market research every 2 years and this is why Ghana economic data are always up to date and accurate than Kenya.

And you're here ranting like the lunatic you are

Stop smoking illegal stuff.

Just30:
nonsense as usual
Ghana GDP has almost double in cedis term to 863 billion cedis at 6.8 dollars.

Your last of economic knowledge will keep making you the fool you already are

You can't do census every 5yrs like most developed countries.
You cannot therefore rebase every so often as required.
The rest are usual madness.

Just30:
Look at the country talking about data capacity

Have you not seen the Ghana living standard report which is public every 2 years, it comes with a comprehensive market research.

Kenya does not have that capacity

All inflation will be deflated to real GDP using 2013 base prices and then USD will hammer your nominal GDP.

So basically, it going to be this simple - very small real GDP increase in Cedis - and then 50% hammering by USD if today official rate was anything to go by.

Ghana nominal GDP this year will take huge haircut. The real GDP in cedis may even grow.

Just30:
Because they benefited from I inflation, just when it was time to adjust their base prices, their currency recovered

You rebased in 2018 - the base year is 2013.
Kenya rebased in 2021 - the base year is 2015.
Ideally you should rebase every 5yrs - if you have data capacity - which I doubt you have.
I think south africa do every 5yr rebasing
Countries able to do census and large surveys every 5yrs can rebase that often - developed countries do this.
African countries take time
Nigeria cant even do census every 10yrs.

Just30:
Yes ...
Ghana hasn't adjusted that base price since 2015 or 16...
The BOG will be doing so in 2023, which means that should the cedi appreciate any further, GDP will be substantially increased

Pained? How? I asked you to run to IMF a year ago and you wont be in this pain. Only Vaxx here seem to get it. You dont. For you this is just a bad dream you'll wake up from and cedis will be 3 to a dollar.

Just nailing IMF alone has assured everyone that Ghana gov is not sick like you.

They have been deranged for two years - until they went bankrupt - like Kwame Nkurumah did in 1962.

You see kwame refused to go to IMF - and the country was broke - army overthrew him and went to IMF.

Ghana bankruptcy started in 1962 - with same Ghanian pride.

Just30:
You need mental health treatment more than anyone here

I've never seen a person this pained

Kenya we keep reminding you is semi arid yet survive on agriculture.

Just30:
Primitivity is when Kenya can't produce at substantial quantity and quality any of it staples to feed itself and be food secure because of how primitive your agric is.

You guys can't even produce rice because it is capital intensive and spend 1.8 billion dollars at retail prices on imported rice

How comes Angola GDP crushed from 140B to 70B when their kwacha crushed.
GDP of course is calculated from base price from a base year - ideally every 5yrs - for SSA 10yrs is good enough to rebase.
This has nothing to do with nominal GDP. That GDP in that country currency.
Then after all that - nominal GDP - to simply divide that by official dollar rate at end of the year.
To get GDP PPP - you dont use USD but international basket.
It's that simple.

So there are 3 GDPS if you will - GDP in rand (real GDP), GDP in dollars (Nominal GDP), GDP in PPP(as alternative to nominal)

The real GDP uses a deflator on the prize (nominal) to remove price changes from the base year - as you want to measure quanties of things produces - not get "confused" by price changes from inflation.

GDP is simple maths of price times quantity produced of all goods and services.

There is no controversy on the quantiles - it's on the prices or value of good & services - hence many variation of GDPs.

You can deflate GDP using the base year (real GDP) or USD or international PPP - but generally USD is the best deflator and nominal GDP in USD is GOLD STANDARD.

jl115:
Bolded-like I told Rvp2018 many moons ago... That's not how GDP calculations work..... You don't just increase your GDP by the % of your currency appreciation/deprecation.... You have a base price for a basket of goods which is fixed for a certain number of years

Maybe there is some divine intervention this time.
Your miracle is happening.
You need to work on your mental health

Just30:
none of that are playing a substantial role .. we have inflows every year end but the cedi still depreciate.

Yes, kenya livestock sector has long way to get to Botswana level. Ghana entire agricluture is mostly primitive.

Just30:
nonsense
Focus on your agricultural primitivity and end this mess else your country will never surpass Ghana in agriculture especially staples production ( something you have to do urgently because of your huge population)


https://www.youtube.com/watch?v=HNleYGf8ty4

Seasonal inflows from diaspora visiting home and positive sentiment from IMF/debt restructuring.
Could be a dead cat bounce or sustained.
We shall find out soon enough.
There is still question of Eurobond and external debt restructuring - and of course what IMF deal really entails.

In the meantime engage in xmas celebration and delusion.

You need to re-energize.

Just30:
You're just stupid ... I don't expect a lunatic to know these.

Wait for December inflation figures ... It will drop to 25%

The cedis only started appreciating last 2 weeks.
By January or February, inflation will be at 12% if we end the year with the Cedis at 4.

At this rate, the Ghanaian economy has surpassed the Kenyan economy in nominal terms at 127 billion dollars and a GDP per Capita of 4,093 dollars

Meanwhile Kenya expansion to Francophone gather pace

KCB bank has completed buying of Trust Merchant Bank (TMB) (a Congolese bank) for over Sh15 billion.

"If you've ever been to Kinshasa,one might think he's in Kenya KCB and Equity banks,ATMs and agents alnost everywhere. Kenyan financial firms really runs the DRC".

The mad man in his element.

2 minute readDecember 14, 202212:29 PM GMT+1Last Updated 20 hours ago
Ghana inflation hits 21-year high above 50% in November
By Cooper Inveen and Christian Akorlie
People make trade in Accra
A shop owner, checks the stock at Makola market, one of the country's largest trading centres in Accra, Ghana March 26, 2022. REUTERS/Francis Kokoroko
ACCRA, Dec 14 (Reuters) - Ghana's annual consumer inflation accelerated to a new 21-year high of 50.3% in November, up from 40.4% the previous month, driven by utilities, food and fuel, data showed on Wednesday
https://www.reuters.com/world/africa/ghana-inflation-rises-503-yy-november-stats-office-2022-12-14/

Just30:
The Cedi has gain 56% of lost value and now trading at 6.

By Monday it will be at 3 cedis to a Dollar.


The Ghanaian economy is back on track

Cuba has nailed their healthcare. They have world class healthcare built on community health workers that ensure disease prevention. They can now export - even poor Kenya got Cuban doctors and we pay them.

Ghana has a long way to go. Quick check on WHO shows Ghana need to do way more to train community health workers. Instead of becoming a slave labour exporter for yet another century - please re-look at your country immediate needs - and focus your gov training there.

If there is excess labour nurses - why not train people in agricluture. I have seen videos of Ghana primitive agriculture and they can do with lots and lots of agricultural extension officers.

vaxx:
cuba sending doctor to venuzuela in exchange of oil is just one of the example . More than 3 billion dollar worth of oil was exchange for cubarian doctor ..

Africa remittance - kenya still behind Ghana - maybe for another year.

It Nigera. The only nice place in GHANA IS THAT BOTANY TREE LINED PARK

Shma2022:
Wow! I never knew Ghana can have such a nice place. Kudos!
This is actually the best video I've seen from Ghana. And by far the best judging from west African standards.

Now that looks good.

vankelvin:
This place here in naija is top notch and I can't wait to see how it will look after completion

https://www.youtube.com/watch?v=2Y-cCNZHB9E

BEST OF LUCK First I'd like to see what IMF has forced you to agree to. Delusion has to be one of thing you give up.

Just30:
Everyone knows the the country has almost fully recovered.

most of the bonds renewed were only going to mature in those same years of 2027,30 onwards.
Renewing them protests bond holders from principal loses as they were trading in the negative.


You're suffering from Kenya economic pain ... Moral relativism and a terrible sense of economics make you make stupid comments just to prolong arguments base on facts

Keep crying, you'll wake up tomorrow morning and the Cedi will be at 7 or be at 7 by the afternoon.

Forex gurus are already predicting the Cedi at 5 to a dollar because of the data they are looking at