Ghana is facing a significant loss due to illicit financial flows. A journalist has taken a stand against the unlawful collection of money for investments, which is hindering the country’s development. According to the journalist, the government’s unlawful collection of money is a major reason for Ghana’s lack of development.<\/p>\n\n\n\n
Illicit financial flows involve individuals engaging in illegal activities across the country, causing harm and dysfunction to Ghana’s development. These activities discriminate against the poor and force the government to take loans, putting Ghana in a difficult financial situation.<\/p>\n\n\n\n
Dr. Bishop Akologo, an economist, stated that Ghana loses a huge amount of money to illicit financial flows through illegal activities. He explained that the lost funds could have been used to build facilities and increase the country’s development.<\/p>\n\n\n\n
In fact, Ghana is estimated to lose around $1.4 billion annually through illicit financial flows, primarily in the natural resources sector. This significant loss of revenue is a major setback for Ghana’s development.<\/p>\n","protected":false},"excerpt":{"rendered":"
Ghana Faces Financial Loss Due to Illicit Flow of Cash<\/p>\n
Ghana is facing a significant loss due to illicit financial flows. A journalist has taken a stand against the unlawful collection of money for investments, which is hindering the country’s development. According to the journalist, the government’s unlawful collection of money is a major reason for Ghana’s lack of development.<\/p>\n
Illicit financial flows involve individuals engaging in illegal activities across the country, causing harm and dysfunction to Ghana’s development. These activities discriminate against the poor and force the government to take loans, putting Ghana in a difficult financial situation.<\/p>\n
Dr. Bishop Akologo, an economist, stated that Ghana loses a huge amount of money to illicit financial flows through illegal activities. He explained that the lost funds could have been used to build facilities and increase the country’s development.<\/p>\n
In fact, Ghana is estimated to lose around $1.4 billion annually through illicit financial flows, primarily in the natural resources sector. This significant loss of revenue is a major setback for Ghana’s development.<\/p>\n","protected":false},"author":1,"featured_media":2974,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,18],"tags":[],"class_list":["post-2970","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-latest","category-local"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gistme.net\/index.php\/wp-json\/wp\/v2\/posts\/2970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gistme.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gistme.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gistme.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gistme.net\/index.php\/wp-json\/wp\/v2\/comments?post=2970"}],"version-history":[{"count":1,"href":"https:\/\/gistme.net\/index.php\/wp-json\/wp\/v2\/posts\/2970\/revisions"}],"predecessor-version":[{"id":2975,"href":"https:\/\/gistme.net\/index.php\/wp-json\/wp\/v2\/posts\/2970\/revisions\/2975"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gistme.net\/index.php\/wp-json\/wp\/v2\/media\/2974"}],"wp:attachment":[{"href":"https:\/\/gistme.net\/index.php\/wp-json\/wp\/v2\/media?parent=2970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gistme.net\/index.php\/wp-json\/wp\/v2\/categories?post=2970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gistme.net\/index.php\/wp-json\/wp\/v2\/tags?post=2970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}