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the breaking news in the morning and the alexander family cry tears of the war at a brave thing that. theatrical regard in a court of law was found alive is a story made for a movie is playing out in real life.

in the beginning of two thousand and thirteen the capital of ghana was named africa's fastest growing city. proof of this where the dozens of cranes dotting the horizon satisfying the demand for new modern offices for both local companies and banks and multinationals.

expensive cars roam the streets. shiny moles filling the consumer dreams of the capital's affluent people. again as economy is thriving. the country is among the world's fastest growing economies and is africa's number one and growth rates. for the i.m.f. ghana is a success story. successful. the rule of the i.m.f. is really to advise a micro police she's so we we do not we do not construct bridges and develop infrastructure but in time of micro stability clearly over the last.

few years have done quite well in terms of generating an environment of macroeconomic stability which is necessary to have investment and growth and job creation. current economic success could not have been accomplished without the newly received loans the last loan agreement between the i.m.f. was in two thousand and nine for the sum of six hundred two million dollars that time the country experienced some fiscal slippage is and depletion of its international reserves which was a combination of increased public spending but also. the side effect of the global financial crises so we had the reduction of reserve of the central bank the increase of the deficit there was a need to. provide some financing. to crises and had to authorities restore microeconomic balances. dept exploded to

a new record high reaching fourteen point six billion dollars we talk about credit facilities as if. it doesn't have to be paid back but our children and grandchildren will have to pay is that and i think it's almost like selling the family silver. you do kind of good luck finance led economic management has been they. and their religion of african lives and. and every so-called group is seen as a success which therefore should feed that process even. one of the fastest growing economies not just in africa but in the world last year was. one of the effects of that is that you so you wouldn't you would think that if a call is growing it has greater independence space. and resources to invest in the things that it needs to you know does from its economy and transform the

conditions of his people i mean that's it was what any logical thinking would be however in our case that is not what is happening. around the room. after finishing her chores in the morning comfortable cutty prepares her grandchildren for school she is

a primary school teacher at paga a small agricultural community in northeastern ghana. was. this is the primary school every tree is a classroom there are two hundred ninety one children studying here while. i. was there. many of them have to walk at least five kilometers to get here was little was. was. the second largest gold producer in africa cannot provide classrooms to sauza as of children.

in ghana four thousand schools have no facilities the lessons like here take place under the trees. who do house structure. we are teaching under three s. and because of that there is no in effect if teaching and leno. especially when ever it is threatening to rain will have to run home and when did the trees share in the same problem and there wouldn't be dead snow or dad not being effective teaching and then in the course of deciding when it is hawt. feel comfortable to listen and to check on will also feel comfortable to teach. me. no toilets no place materials. and other infrastructure.

to decide the problems we're facing to school and i'm not a problem as what the problem. we don't have what. so anomalous about three kilometers or four kilometers for the top will drink the water and when it's voted to school there are no reasonable containers for us to store there. because of poverty they did a government who always complained and promised but nothing has been that. one of the i.m.f. conditions to sign the loan agreement of two thousand and nine was a cut in public sector spending ghana's education system has been affected dramatically. well. in order for the government to reach its goals for deficit reduction it decided to cut almost thirty one million euro from the education sector. the

building of new classrooms and facilities would have to wait. the government's absence is covered by the community members who raise money in order to build classrooms in any way they can. miss comfort was a leader of this afeard and invested all her savings. really. i. want my oh my god who was after said it to mobilize. to help me with some money to put up a classroom i have used my own money in addition to this current amount that was contributed by the community members to put up one classroom block who was who i was. and now some of the.

linen in that one classroom and the other classes sit in under trees. yet. so whenever it is raining is even if it is threaten to rain we dismissed it you. do have years forms indeed. and then when it is more a much this nor should. we all get that in one classroom we can use in lots and plans we foresee. the recruitment freeze in the public sector another one of the i.m.f. stipulations for signing the loan agreement had an instant impact on the quality of ghana's education system. according to the country's education department in order to cover the teacher

shortage alone in primary schools thirty three thousand one hundred eighty five teachers are needed this is something that will never be approved but pick. your. battles here in northern ghana there is one trained teacher like comfort for every one hundred seventy. five students. are you are you. are you are you. and again the inhabitants try to do whatever they can on their own they can teaching positions are covered by parents or volunteers. that are. here. the only way. we have monitress improved.

war and they can provide that cheating with nutritious food. when the look on plane. and there is that a again. that's. discourse and many. end of funds that obvious saul's for education in. it's not enough to cover all this they did disclose that under trees so that the good in some but redoing for me. or tenure and the owners promised to do it but definitely it come up to help us. oh. yeah. mission in. britain take free. car charger free. range month free. free. care

free. the old free blog cancelling video for your media projects a free media oh god our t.v. dot com. or the talking about the same story doesn't make it news no sample interviews no populace is really tough question thank you. is it possible to navigate the economy with all the details of his diction misinformation and media hype you up to date by decoding the mainstream status if in your ranks.

you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm charming welcome to the big picture. the are all. going to leave.

the sun. when i return home from school i read a little and then go to the river to get water then i go to the forest to gather wood and then i cook. them. all i have a lot of chores and can't study during the day i usually study at night. to

study with a flashlight because the community has no electricity. it's difficult studying that way. sometimes someone needs a flashlight and i have to wait until they finish. and that makes it difficult for me to study. and so i wish we had electricity's so i could study comfortably. in the future i want to become a useful person. i want to become a nurse. so

. media citizens of the new state of gather all the celebration marking their day of freedom from colonialism what was once the gold coast of british colony now becomes an independent commonwealth vice president and mrs nixon represent the united states at the three day festivities and native dances and games mark an event of historic importance since god becomes the first big role colony in africa to gain its freedom. in one thousand nine hundred fifty seven ghana gained its independence from the english ever since there has been a love hate relationship with the i.m.f. . from one thousand nine hundred sixty six five governments have received loans power has changed hands many times after so many

coups. the first to approach the i.m.f. in one thousand nine hundred sixty five was ghana's first president and independence leader. as a marxist he was quick to reject the funds conditions he was overthrown a year later. but in many countries the red primate battle plan has prayer. and drama rama and brandon well i. would be appalled ruler about a country. the national liberation council government that came to power signed the loan agreement with the i.m.f. and accepted the conditions.

the economy made a spectacular rebound and at the same time product prices increased. but kick our exports did not yield the expected revenue in one nine hundred seventy one after the fun's recommendation the currency was devalued by forty six point eight percent there was a wage freeze and taxes were increased. a year later general a chum pong for through the government. the governmental general election. unilaterally. decided not to be the debts that's gonna government to the m.f. it was a little over ninety million dollars and. the general at the point

took the position that it was something we couldn't see and we pushed for self-reliance. that was the message that he was giving to ghana and i think he made an impact unfortunately the price of oil hikes soon after that pushed doesn't back into economic decline and we ended up going back to the i.m.f. for a loan that was after the coup that through a chump amount and it's an interesting paradigm that seems to be. an almost on holy link too good a time as. an economic downturn and then a falling back on the i.m.f. as almost as a c.v.s. .

drop africa in the one nine hundred ninety eight you want you we had what you call i.m.f. wraps which is the price of food going up as well as before and that kind of is the ability yes it has to be the backdrop to a lot of the. many more reasons of course by the critical reason has been that the how to secure a growth model which you know if unifies the my joy section of the ruling class number one. which which reduces deflates the political expectation of the population number two shock therapy is also to tell people that you know political expectations about what you can get on a realistic you can get free education you can get public housing you can get a good pension from the public sector you have to go out and fight for yourself.

and if you look at our history. that the stratagems have been the scene it's about. devaluing the cd it's about. fiscal. restrictions it's about restricting the government's wage bill it's about privatization or divest investing in government factories these are the same things that they do time and again and i do wonder. whether if you keep doing the same thing over and over again and the country doesn't move out of poverty if there isn't a me to rethink what you do well let me maybe quantify what you said and clarified. actually over the last decade what we've seen in africa and ships are in

africa. is extremely encouraging in terms of microcosmic policies. we can see that over the last decade michael policies in most of which are in africa has improved. substantially with an emphasis on my quest ability and on generating what we could buy for us. i grew culture is one of ghana's most productive sectors. here in the

north however it is the only way to survive. glenn doesn't give much. and he has the same old varieties our grandfathers did. and they don't really give a good harvest. women who brought to him only so many jewels come to help us. remember but no government official has ever come to visit us. to yeah yeah. yeah. only the n.g.o.s teach us how to improve improve our methods. doesn't come to teach us.

the ministry of agriculture used to provide us with fertilizer but now they have stopped. moving well now they never visit us like they used to. people really i don't understand why the government isn't helping us. with the. well the food sufficiency has its ups and downs. there are times of abundance and times when there isn't enough food for the community. to have the periods of hunger along that is when the food prices hit the roof twentieth well. that is one mil it costs ten cd for euro this is

a time of great hunger. government cutbacks would mean for example in the case of agriculture that all kinds of subsidies are essential extension services they all come and all those things affect everything becomes a market price a small farmer kind of buy those things they cannot produce as well so for most of the farm is actually really compact tens of lead in the farmers some of the not able to keep the food have to do it in school because in the ribs in the shop or the feed into its truck to support and so they have waste and then to support their children in the kitchen.

wealthy british style the stock. price. market why not. find out what's really happening to the global economy with max cons or for a no holds barred look at the global financial headlines two kinds of reports.

more news today violence is once again fled the film these are the images the world has been seeing from the streets of canada. corporations are today. plus time has a new alert animation scripts scare me a little bit. there is breaking news tonight and we are continuing to follow the breaking news. alexander's family cry tears of joy and great things that had been rendered in a court of law around a long time there's a story made sort of movies playing out in real life.

as well and some are going to washington d.c. here's what's coming up tonight on the big picture wal-mart makes nearly thirty five thousand dollars a minute in profits its c.e.o. made twenty million dollars last year the walton family controls more wealth than forty two percent of americans combined so why is a giant corporations raking in billions of dollars refusing to pay fair wages to the very employees responsible for its profitability also while george is getting ready to execute a mentally challenged convicted criminal there's talk in missouri about bringing the gas chamber back to execute criminals on that state's death row isn't it time we did away with the death penalty altogether enjoying.