According to the Social Protection Programme Spending and Household Welfare in Ghana Report, extreme poverty was highly concentrated among households without formal education.
Third, the Ministry of Finance, Minister of Foreign Affairs and Regional Integration, and Bank of Ghana, together with their development partners like the World Bank, need to come to a judgment as to whether or not remittances are likely to be a permanent phenomenon in Ghana’s Balance of Payments (BoPs). Drawing on the experience of other countries which have managed significant inflows of remittances (Bangladesh, El Salvador, Jordan) could be an important starting point. Also, conducting a comprehensive survey to assess the actual scale of remittances and labour migration would help the authorities develop a well-defined strategy to maximize the benefits of remittances while minimizing any negative repercussions.
By Tony Obiechina, Abuja The Nigerian Economic Summit Group (NESG), in collaboration with the African Economic Research Consortium (AERC), has held an In-Country Dissemination Workshop with the theme, “The Growth, Poverty, and Inequality Relationships in Africa (GPIR) collaborative research project”. The Growth, Poverty, and Inequality Relationships in Africa (GPIR) collaborative research project funded by NORAD
This World Bank’s Policy Research Working Paper Series introduces 6 papers published from March 1 to March 15 on various topics, including taxation, gender, and wildfire smokes.