This paper outlines the current practices for the compilation and dissemination of data on remittances in Ghana’s balance of payments framework. It outlines discrepancies in this existing framework as well as the need for additional data from new MTOs and Fintech companies to address the anomalies identified in the World Bank data on inward remittances and that from Bank of Ghana’s data from the 23 authorized dealer commercial banks over the period 2016-2022.
