Banking and Finance analyst, Dr. Richmond Atuahene says Ghana's inflow from remittances is higher compared to cocoa, oil and even gold. This according to him is because the country "generated $28.6 billion from it (remittances) over a 10-year period as compared to $18.7 billion from cocoa and $7.6 billion from gold." Speaking at the third edition of the Graphic Business/Stanbic Bank Breakfast Meeting on August 20, at the Labadi Beach Hotel in Accra, Dr. Atuahene stressed that if the revenue generated from gold is added to that of cocoa, remittances will still top leaving a gap of $2.3 billion.  "So that is why some of us have described it as gold, super gold, because it is something if it is well structured, captured, traced into the balance sheet, I think Ghana will be somewhere, I think maybe near Dubai because it is something that will support the economy," he added. Remittance is 'super gold' for Ghana than gold and cocoa as it generated $28.6 billion over 10 years - Banking and Finance analyst Richmond Atuahene at the Graphic Business/Stanbic Breakfast Meeting https://t.co/WnGJuKqANf pic.twitter.com/eq5rNJxAmh - DailyGraphic GraphicOnline (@Graphicgh) August 20, 2024 The comment follows a World Bank report which estimated that about $27.6 billion worth of remittances flowed into Ghana's economy between 2016 and 2022.  This was in contrast to the Auditor General's reports on the Bank of Ghana's consolidated statements of foreign exchange receipts and payments within the same period which accounted for only $22 billion.