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– A new report published by Oxfam and Development Finance International revealed that inequalities between rural and urban populations are increasing in Ghana.
– For example, according to the Oxfam report, one of Ghana's richest men earns more in a month with his wealth than any of the poorest women could earn in 1,000 years
– The report also noted that Ghana's labor market was inclusive in a region of West Africa dominated by men.
Oxfam and Development Finance International highlighted the inequities between people living in rural and urban areas of Ghana.
In a new report entitled "West Africa's Inequality Crisis", an badessment of the situation of the urban population in relation to that of the inhabitants of the rural areas is made.
According to the report, 88.6% of the urban population is connected to the national network, while only 48.3% of the rural population are connected to the national network.
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The report also indicates that the richest in the country earn more in a month than the poorest in 1000 years.
According to the report, most rich people have their wealth hidden offshore and are therefore not taxed.
"In Ghana, 1,000 new millionaires in US dollars were created between 2006 and 2006, and one of Ghana's richest men earns more in a month of his wealth than any of the poorest women could win in 1000 years,"Sections of the report said.
"Some have become extremely rich, but nearly one million people, mostly in the Savannah region of the country, have been placed in the poverty basin during this period and thousands of already poor people are are pushed deeper into poverty.
"The inequality of wealth not only creates a gap between the rich and the poor, but also a strong gender dimension, for example, in Ghana, only 60 of the 1,000 new millionaires in US dollars were added to the List of millionaires of the country during the decade ending in 2016 were women.
"Similarly, in Ghana, men own 62% of household residences and 62% of agricultural land, while only 37% of real estate owners are women,He added.
Speaking on development, Oxfam's regional director for West Africa, Adama Coulibaly, said the level of inequality was unacceptable, particularly in areas such as health and education.
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He said most West African governments tend to underfund the public service and instead under-tax corporations and the rich.
According to him, acts such as tax evasion, tax evasion and corruption are often not controlled.
"This index reveals that West African governments exacerbate inequality by underfunding public services, such as health care and education. It also shows that ECOWAS governments underfund the agricultural sector, while under-taxing corporations and the rich, and fail to fight tax evasion, tax evasion and corruption, # 39; other. This is unacceptable,"Mr. Coulibaly lamented.
Regarding the recommendations, the report states that West African governments and ECOWAS need to develop national plans as well as a regional plan to narrow the gap between rich and poor, with clear goals and time-bound .
The report on the crisis of inequality in West Africa was written by Christian Hallum and Kwesi W. Obeng.
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Source: Yen News
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