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C_BODI_20 - SAP BusinessObjects Data Integrator XI R2 - Braindumps Information

Vendor : SAP
Exam Code : C_BODI_20
Exam Name : SAP BusinessObjects Data Integrator XI R2
Questions and Answers : 127 Q & A
Updated On : April 20, 2018
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C_BODI_20 SAP BusinessObjects Data Integrator XI R2

Article by Killexams SAP Certification Experts


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SAP BusinessObjects Data Integrator

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New SAP BI packages offer Bundled records Warehouse Capabilities | killexams.com real questions with brain dumps

SAP debuted a brand new series of business intelligence application applications Monday, bundling its BusinessObjects and Crystal Server purposes with the vendor's facts warehousing and data integration application.

The movement, based on channel partners, will give small and midsize companies with a greater in your price range method to enforce data warehouse programs that may handle "big records."

"It just opens up the door to a whole lot faster entry to their underlying information," noted Mahesh Desai, president of Kingfisher Inc., an Atlanta-primarily based solution company that specializes in enterprise analytics. Kingfisher is an SAP gold associate and resells SAP BusinessObjects software.

linked: massive records demands: The Heightened need For superior facts Visualization

the brand new "analytics editions" of the BusinessObjects application also can be more effortlessly tailor-made for specific industries and lines of business, SAP spoke of.

"As applied sciences comparable to BI, data warehousing and records integration continue to return collectively, groups gigantic and small are trying to find end-to-conclusion solutions that may turn 'massive facts' into 'intelligent records' and promptly answer any company question," said John Schweitzer, SAP senior vp and regular manager of analytics, in an announcement. "The analytics editions take this even further by providing the expert content they should accelerate return on funding."

the brand new applications encompass SAP BusinessObjects BI Suite, analytics version; SAP BusinessObjects BI Platform, analytics version; SAP BusinessObjects BI, edge analytics edition; and SAP Crystal Server, analytics edition.

those programs consist of run-time licenses for the SAP Sybase IQ server, the company's Sybase database optimized for facts warehouse methods; and the SAP statistics Integrator utility for gathering information from disparate systems and reworking it for evaluation.

"They've definitely added the complete warehousing run-time capabilities," Desai said in an interview. That "makes it tremendously more straightforward" for small and midsize organizations to build a data warehouse equipment. That creates opportunities for his company to support present consumers extend their BI methods, he mentioned, and promote to new purchasers who in any other case did not have the funds to put in force facts warehouse systems.

posted SEPT. 24, 2012


SAP BEx Tutorial | killexams.com real questions with brain dumps

SAP company Explorer (BEx) provides you the set of tools to function reporting, question evaluation and to support strategic decisions. it is a complete product which provides distinct reporting techniques and an evaluation device to run queries and reviews with SAP NetWeaver BI gadget. you can additionally use company Explorer to broadcast the objects created below company Explorer. SAP enterprise Explorer is a entrance-conclusion tool to run different types of reports, analyze information and function business planning on properly of OLAP cubes which are saved in SAP business Warehouse gadget.

This tutorial is ready for those readers who wish to be trained the necessities as well because the enhancements of SAP BW and a considerable number of alternate options for querying, reporting, broadcasting and integration for the objects created in SAP business Explorer.

This tutorial is supposed to make you comfortable in getting started with SAP BEx query fashion designer, Analyzer, WAD and Broadcaster together with integration alternate options with SAP business Objects.

this is an easy tutorial and the concepts explained right here will also be comfortably understood. The readers should have a superb realizing of SAP BW ideas. additionally, it is going to certainly assist if you have considerable enterprise potential on a considerable number of software areas and a little experience involving using Queries, Reporting and enterprise Objects Reporting and Dashboard tools.


company Objects Helps SAP shoppers Optimize performance the use of business Intelligence | killexams.com real questions with brain dumps

COPENHAGEN, Denmark--(enterprise WIRE)--April 26, 2005--   business Objects is the De-facto typical for gaining access to, Distributing, and examining suggestions in SAP R/three, SAP BW, and different Organizational facts techniques  

To optimize business performance and speed up the return on SAP investments, corporations everywhere are making a choice on trade-leading enterprise intelligence options from enterprise Objects (Nasdaq: BOBJ) (Euronext Paris ISIN code: FR0004026250 - BOB), the area's leading provider of business intelligence (BI) solutions. These organizations use business Objects solutions for commercial enterprise reporting, query and analysis, efficiency management, and data integration along side SAP R/three and SAP business assistance Warehouse (SAP BW). SAP BW is a core product within SAP company Intelligence (SAP BI), and a part of the SAP NetWeaver(TM) platform.

"With the biggest number of enterprise intelligence valued clientele operating SAP options and the handiest reporting device embedded inside SAP BW, enterprise Objects has established itself as the de-facto BI general for SAP consumers," spoke of Bernard Liautaud, chairman and CEO of business Objects. "SAP clients wish to standardize on a single platform for their interesting company intelligence wants, together with getting access to, distributing, and examining counsel in SAP R/three and SAP BW. BusinessObjects(TM) XI, our industry-leading BI platform, grants an easy to use, cost-effective company intelligence answer that enables organizations to deliver all users with tips from their SAP solutions and different corporate information sources through an built-in approach to tips access, performance management, evaluation, and reporting."

enterprise Objects promises the most comprehensive BI suite for reporting and analytics across SAP R/three, SAP BW, and SAP NetWeaver. more than 1,400 SAP purchasers worldwide use company Objects options with SAP to tune, have in mind, and control their business performance, together with:

Airbus

Airbus, an EADS joint enterprise with BAE methods, is a leading aircraft company with probably the most contemporary and finished product line on the market. Headquartered in Toulouse, France, Airbus has selected Crystal reviews(R) to be used with its SAP deployment.

"The economic Reporting department of Airbus goals to use Crystal reports from company Objects on appropriate of our SAP-BW company economic warehouse," noted Olivier Cahuzac, head of business control company solutions at Airbus. "This solution will aid us to right now and simply produce monthly in-residence formatted reviews. in addition, managers will be in a position to entry key business statistics faster and with greater accuracy than earlier than."

British requisites establishment (BSI)

BSI became founded in 1901 as a no longer-for-profit physique dedicated to making UK groups extra effective and competitive. today, BSI is an international-leading countrywide standards physique which operates in 112 countries and has over 40,000 world valued clientele. BSI applied SAP to substitute about fifteen legacy methods, but the firm nevertheless required a versatile reporting and evaluation platform to permit clients to quite simply access and analyze business suggestions. BSI chosen Crystal studies and BusinessObjects business from business Objects to create a standardized, internet-primarily based BI solution that makes it possible for its personnel and consumers to make use of counsel extra with ease.

"Having superior access to suggestions has accelerated our productivity and our skill to generate salary," noted Stephen Cargill, community purposes supervisor at the British requisites institution. "using the business Objects solution, we can now produce reviews in a couple of minutes that used to take programmers a couple of days to do. the flexibleness of the SAP options from company Objects has additionally more suitable BSI's analysis capabilities, as conclusion users are now empowered to do their personal complicated choices and queries as opposed to having a developer write classes to perform the equal services. we've superior time-saving and costs with the aid of as a minimum an element of ten, and the period of time we have saved on my own has doubtless paid for the product a number of instances over."

Clariant international

Clariant is a worldwide leader in specialty chemical substances, headquartered in Switzerland. Clariant, which uses SAP R/3 as its ERP solution and SAP BW for records warehousing, required a method to get records to employees in a timely and consistent method. furthermore, Clariant desired to combine their records from SAP with other facts stored right through the organization. Clariant has deployed BusinessObjects enterprise to offer an organization-vast reporting solution. through the use of company Objects with SAP, users can query fiscal experiences on the push of a button, saving time and slicing fees.

"We crucial an answer that would streamline entry to our records and provide consistency from one record to the next, and BusinessObjects commercial enterprise gives that for us," said Thomas Daverio, MIS manager at Clariant overseas. "we've been very comfortable the usage of business Objects with SAP. Administration is less time-ingesting and we've significantly improved the efficiency of our reporting. at last, facts consistency and security are ensured throughout numerous systems."

Cutter & Buck

Cutter & Buck (Nasdaq: CBUK), a number one designer of upscale sportswear and outerwear, has standardized on enterprise Objects as its company intelligence platform. When the business recently decided to implement SAP BW and R/three, it wanted an built-in solution for centralized reporting that would permit clients to without difficulty create experiences and permit for personalization according to particular needs. To do that, Cutter & Buck is imposing the BusinessObjects XI Integration package for SAP. This solution offers tight integration with SAP, including a set of facts drivers, integrated security, document templates, and customized consumer interfaces that supply SAP customers with presentation-satisfactory reviews from SAP BW and SAP R/3 to users across the enterprise.

"With the BusinessObjects XI Integration package for SAP, we get an out-of-the box solution for our reporting and evaluation wants for the statistics stored in our SAP ambiance," observed Kenneth Stringer, CIO of Cutter & Buck. "Our preliminary deployment will use the solution to record on and analyze sales distribution facts, and we are expecting to leverage this module on future SAP BW information units. the usage of BusinessObjects XI provides us with stronger access to the facts and helps us to optimize company performance."

DVB bank AG

DVB bank is a global advisory and finance corporation that specialize in providing dollars to the transportation market together with shipping, rail and aviation. As a monetary services issuer performing internationally, DVB bank has to control a diverse facts constitution as well as advanced analytical complications. DVB financial institution grew to become to company Objects to construct and configure a data warehouse that offered connectivity to SAP purposes the usage of BusinessObjects records Integrator. DVB bank then carried out a centralized analysis and reporting platform on right of the statistics warehouse the use of company Objects BI software. With company Objects, DVB financial institution has optimized records management and company reporting, whereas streamlining and automating a number of guide procedures.

"the usage of company Objects BI application, we have been capable of set up a powerful and versatile system for extracting, consolidating, and evaluating business records and key figures," pointed out Frank Hafner, facts warehouse mission supervisor at DVB financial institution. "business Objects enabled DVB financial institution to put into effect company-extensive reporting platform that enables for interactive evaluation with drill-down functionality. The handy-to-use gadget allows personnel to independently generate extensive reports and analyses, consequently helping to free up the IT department and make business tactics considerably extra efficient."

Ferrovie dello Stato

Ferrovie dello Stato, Italy's country wide rail transport operator, is made of 30 corporations and is the country's biggest state-owned enterprise. every of the organizations within the community has a unique assistance system based on their particular needs, which creates a problem when there is a necessity to research information across the complete enterprise. Ferrovie vital an answer that might consolidate tips from a lot of sources, together with SAP, and enable for precise-time reporting and evaluation. Ferrovie implemented BusinessObjects enterprise and BusinessObjects internet Intelligence to gain a true-time view of records and profit a centralized suggestions administration answer that gives every of the group's corporations with the liberty to analyze the statistics.

"The enterprise Objects solutions have made a vast and complicated volume of information transparent and obtainable in actual-time," noted Riccardo Santoro, utility architect at Ferrovie dello Stato holding business. "We are now able to coordinate our organizations correctly, while permitting each an appropriate stage of freedom to make the technological choices that support their strategic resolution-making. The quick development within the neighborhood's processes has accelerated return on funding and enabled Ferrovie to straight away derive merits from the solution."

Gefco

Gefco, a worldwide transport and logistics administration business, determined in 2000 to overhaul its latest IT environment to improve the enterprise's management tools. at the time, records turned into offered by using quite a few methods including SAP and HR entry working below Oracle, text information, and really expert business applications. Gefco determined to put into effect a world records warehouse and standardized all its technologies round business Objects, Oracle 9i, and Hummingbird/Genio. these days, hundreds of users obtain actual-time access to common suggestions, whereas more really expert users can concern their own records queries. in addition, for Gefco's network business, company Objects gives dashboards for each agency on the exceptional and efficiency of the company. The business Objects solution has optimized company performance through better effectivity and responsiveness.

"Our purpose become to supply the total corporation with very precise metrics and more than a few perspectives to enable superior administration and consumer service," referred to Oliver Joly, BI platform supervisor at Gefco. "We standardized our architecture in keeping with enterprise Objects to provide us a single utility with diverse degrees of evaluation for quite a lot of managerial profiles. With our infrastructure, two critical desires were met: private data is now fully cozy, and we are in a position to move suggestions speedy to a really colossal consumer inhabitants."

Italtel

Italtel is a global leader within the integration of multi-provider networks together with voice, information, and video. The capability to without problems manipulate the company's talents and skill sets is of strategic importance, and during the past few years, the Human resources department has passed through a re-organization to redefine techniques and useful resource management guide systems the use of SAP R/three and Oracle information marts. enterprise Objects serves because the front conclusion of the answer, allowing every department supervisor to immediately entry and examine information on their employees, comparable to compensation, holiday time, and career paths. in addition, enterprise Objects allows Italtel to profit a a great deal broader view of the company with management and reporting dashboards.

"We chose business Objects because we crucial a solution that could simply combine tips from all other our corporate methods, not just SAP," mentioned Silvano Pozzi, CIO at Italtel. "these days we are able to count on a multi-channel system enabling precise-time determine to the information required across the complete enterprise, which has superior the degree of suggestions offered to the HR department. With company Objects, our clients are actually in a position to create their personal reporting dashboards, for that reason gaining a much better view of critical assistance and cutting back the reliance on our IT department."

NVIDIA

NVIDIA, a global leader in photographs and digital media processors, makes use of BusinessObjects commercial enterprise to access and share corporate information managed within its SAP company advice Warehouse. NVIDIA uses company Objects for internet-based reporting on SAP and non-SAP corporate information sources. company Objects allows NVIDIA to streamline file creation and offers a single sign-on for entry to the company's varied facts sources.

"With BusinessObjects commercial enterprise, our personnel could make superior selections throughout a number important information, including sales, economic, operating, and manufacturing advice," commented Rajendra Gade, senior manager of IS application building at NVIDIA. "The tight integration between company Objects and SAP allows for rapid deployment of the answer and offers us with an commercial enterprise-huge enterprise intelligence platform to fulfill our reporting wants. the usage of business Objects, we can get vital business guidance into the fingers of our personnel to help them make suggested decisions that allow us to optimize our performance."

PolyOne

PolyOne, a leading world polymer compounding and North American distribution enterprise, has deployed SAP BW and R/3 to catch its essential business statistics. PolyOne realized it needed a means to interact the infrequent device person and grew to become to enterprise Objects to streamline access to guidance with a focus on ease of distribution right through the enterprise. the use of BusinessObjects business and Crystal experiences, PolyOne is able to deliver their rare SAP users with a consistent view of key efficiency records at ordinary intervals.

"We wanted a business intelligence platform that complemented our present SAP BW reporting capabilities," observed bill Peeler, challenge manager at PolyOne. "The tight integration between BusinessObjects business and Crystal reviews with SAP BW become a key differentiator for us in our alternative of the answer. We at the moment are capable of empower our clients to create their own studies and permit them to agenda distributions of these experiences by means of the internet and e-mail. by using making important advice extra available, our sales and management groups are more desirable located to manipulate the needs of our very different consumer base."

For greater tips involving business Objects options for SAP consumers, please seek advice from http://www.businessobjects.com/SAP/.

About business Objects

enterprise Objects is the realm's main enterprise intelligence (BI) utility enterprise. With more than 30,000 shoppers worldwide, including over 80 % of the Fortune 500, business Objects helps companies benefit improved perception into their company, enhance choice making, and optimize business efficiency. The business's business intelligence platform, BusinessObjects(TM) XI, presents the BI business's most superior and finished platform for reporting, query and analysis, performance management, and statistics integration. BusinessObjects XI contains Crystal reports(R), the business normal for business reporting. enterprise Objects has developed the business's strongest and most distinctive associate community, and additionally presents consulting and education features to support consumers without difficulty deploy their enterprise intelligence projects.

company Objects has dual headquarters in San Jose, Calif., and Paris, France. The company's stock is traded on both the Nasdaq (BOBJ) and Euronext Paris (ISIN: FR0004026250 - BOB) stock exchanges. more tips about enterprise Objects can be found at www.businessobjects.com.

business Objects, the business Objects logo, BusinessObjects, WebIntelligence, Crystal stories, Crystal enterprise, Crystal analysis, RapidMarts, and BusinessQuery are emblems or registered trademarks of business Objects S.A. or its affiliated corporations in the u.s. and/or different international locations. SAP, SAPPHIRE, SAP BW, SAP R/3, SAP NetWeaver and all other SAP product and repair names mentioned herein are emblems or registered trademarks of SAP AG in Germany and a couple of other countries world wide. All other names outlined herein may be logos of their respective house owners.


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Killexams C_BODI_20 Real Questions Sample



C_BODI_20 Certification Brain Dumps Source : SAP BusinessObjects Data Integrator XI R2

Test Code : C_BODI_20
Test Name : SAP BusinessObjects Data Integrator XI R2
Vendor Name : SAP
Q&A : 127 Real Test Questions/Answers


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SAP C_BODI_20 Exam (SAP BusinessObjects Data Integrator XI R2) Detailed Information

What is SAP Certification?
SAP has been continuously adding onto its product offerings with new e-business applications, web interfaces, tools for supply chain management, customer relationship management and much more. SAP systems comprise various fully integrated modules covering almost every aspect of business management. While most businesses today are looking to work upon a SAP framework, a SAP certification is increasingly becoming important for the career of employees. Not just regional job prospects, but SAP entertains hiring across the world. SAP is a globally recognized business platform today in various functional fields including Financial Accounting and Controlling (FICO), Production Planning (PP) and Materials Management (MM). The demand for SAP expertise is increasing in both production facilities are managerial workplaces, with companies coming up with a wide spectrum of SAP facilitated modules.
Eligibility of SAP Certification and the Courses Offered
SAP constitutes lot many courses and modules. The eligibility depends on which particular SAP course one is interested in and the skill he/she possesses. It is recommended that the candidate has a relevant academic background in subjects including Computer Science, Business Administration, Finance, Accounting, Human Resource, Information Systems, Operations Management and Systems Engineering.
SAP certification is divided into two types of courses – one being more functional and the other being more technical. However, both the courses present similar authorization and transaction codes related to your educational background. Further, the course content can be greatly varied as per the nature of the course.
The Technical SAP certification focuses more on programming and module customization.
This is further complimented by roles that mix both the functional and technical skills including the responsibilities of business analysts. Technical courses are advises if you come from a programming / developing / computer background.
There aren’t any particular courses or sets of courses that need to be taken before sitting for the certification exam. However, if you are applying for a higher level Professional Certification, you must hold an Associate level Certification. SAP certifications help validate the expertise and experience of SAP partners, software users, customers and professionals who are looking to be placed in a SAP environment. The certification is recognized globally and is a standardized criterion for several roles and responsibilities.
Advantages of SAP certification
SAP is one of the most sought after certification in the current business environment. IT professionals acquainted with SAP platforms are demanded in every part of the world and it has been one of the most successful It certifications recently. SAP implementation is a complicated process and demands adequate knowledge and training for the same. For professional it takes years of experience to gain adequate expertise. This is also the reason that modern businesses look out for SAP certified professionals.
Job
Getting better jobs is the primary reason that professionals enroll for a SAP certification. Numerous candidates have been able to move up the ladder using their SAP certification. SAP is currently being recognized by all global companies and can bring about a huge leap in anyone’s career. 70% of companies listed under the Forbes 500 run on SAP ERP. With demand getting bigger, the opportunities to eligible professionals too are swelling.
Money Matters
SAP certified professionals are subsequently higher paid that those without a certification. SAP consultants begin with a significantly higher pay scale than those without a certification. The average salary also depends upon a lot of other factors including their level of experience, educational background, employer type and the industry they are applying in. Professionals with a minimum of 4 years of experience can demand an average salary between $57,200 and $79,100. Veteran SAP executives earn between $92,000 and $137,600. Coming to education, professionals backed by an MBA (Masters in Business Administration) degree can demand anywhere between $67,400 and $115,500.
With SAP professionals are hired by both the government and private firms. Those working with the Federal Department can earn between $79,500 and $165,000. Coming to the industry type now, those working in software companies have reported the highest salaries between $82,500 and $113,700. However, SAP consultants are also required in consultancies, ERP systems, CRM solutions, manufacturing, logistics, production, distribution and many other industries.
Reputation and Recognition
Better role and paycheck is automatically followed by reputation and recognition among peers, colleagues, and clients. This can even act as a motivator to help them do better in their jobs and earn higher benefits. SAP professionals will be recognized by their certification. The accreditation can be used along with the names and this indeed makes a strong impression among recruiters and employers.
Prospects of Promotion
SAP certification can act as a special cushion in every professional’s career. There are endless opportunities after getting the certification and it makes it easier to reach career goals that it would have been without the certification. In the workplace, SAP certified employees are prioritized for promotion that those without it. Being the recognized experts in the platform, they are an asset to the company and thus are subsequently looked after.
Conclusion
Today, SAP systems define both large scale and small businesses. It is one of the most benefiting ERP platforms that facilitate better functioning of a business in all aspects. Having a SAP certification enables a professional to be better prepared for the rising workplace complexities. In some cases, it is not just an advantage but a strict criterion for selection.
World-class SAP education, enablement & certification
Empower your SAP end users, from developers to marketers – with our suite of SAP training courses and certification programs. Create a comprehensive training plan, choose from live, mobile, or online courses – and ultimately boost technology proficiency across your organization. Our software training covers SAP S/4HANA, SAP HANA, SAP SuccessFactors, SAP BusinessObjects, and more.
Visit the training and certification shop
Make the grade with SAP Education
No one knows SAP like SAP. And no one else has the systems and instructional experience to help you learn it as effectively. No matter where you are in the world, SAP Education offers the most up-to-date and accurate SAP training available.
Learn more about SAP Education
openSAP SAP Learning Hub Training by Product, Solution or Delivery Option SAP University Alliances SAP Education Network for Digital Transformation
openSAP online courses
Learn about SAP innovations when, where, and how you want – free of charge – with openSAP. This innovative platform for Enterprise MOOCs (Massive Open Online Courses) offers a flexible, fun and engaging learning experience through gamification to get started with learning at SAP.
The Key to Achieving Technology Value
Gain a competitive advantage, for you and your team, with SAP certification. Globally recognized, our training certifications demonstrate that you have honed your skills through rigorous study and direct experience in your area of expertise. Whether you are an SAP partner, customer, or user – we offer certificate training by area of focus and skill level that will increase your technology value.
Learn More About the Value of Certification ›
Current Certifications
The Valid Certifications list shows if a certification is still up-to-date and valid. SAP updates the list regularly as both new on-premise and cloud exams go live. We also remove exams retired for 12 months or more. Find out more about SAP certification here.
List of Valid Exams ›
Are you ready for SAP SuccessFactors Professional Certification?
This expert level of Certification is based on successful project experience and does not require a new exam. SAP SuccessFactors Professional Certification shows the world that you have the highest level of competency on SuccessFactors products.
Do you meet the requirements?
Are you an SAP SuccessFactors Partner or an SAP SuccessFactors Consultant?
Do you have a valid SuccessFactors Associate Certification?
Have you been part of 3 successful SuccessFactors implementations in the last 30 months?
2 projects as lead consultant
1 project as a supporting consulting
If you answered yes Apply or Learn More.
Global Partner Certifications
You can trust certified global SAP service partners to get the job done right: they’ve proven their real-world expertise on the latest SAP technologies..
The links below identify the certification levels for certified partners in Analytics, Applications (ERP), Database & Technology, Mobility, SAP HANA and Cloud in their respective regions..
World-class SAP training and education
Give your workforce the knowledge and skills they need to maximise the power of your SAP solutions – with our suite of training courses, education programs, and SAP certifications. Create a comprehensive training plan, empower end users with live, online, and mobile courses – and ultimately boost software and technology proficiency across your organisation.
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  • BODS Certification Preparation

    Hi Friends,

    I have cleared SAP BODS 3.2 (  Exam code ">C_BODI_20 ) certification successfully. I represented my organization and took the test in India(Lithan Genovate Banglore ).

    Just want to share my inputs people who are looking for SAP BODS Certification,hope this information will be helpful for most of the certification aspirants .

    I have read most of the documents from SAP Marketplace and SDN Forums.

    It is good if we have BODS administration & Installation experience to understand insights of SAP BODS.

    I have segregated my preparation as follows

  • Administration (All concepts of Repository Manager,Server Manager,Central Management Console)
  • Performance Tuning
  • Design Aspects
  • File Formats
  • All Transforms (apart from Quality TF [DI and Platform] )
  • I faced questions in the below topic wise.

  • Complex Design Methodology
  • Transforming Data
  • Data Management
  • Managing the DI Environment
  • DI Concepts
  • Performance Tuning & Sizing
  • Deployment Best Practices
  • Real-Time and XML
  • Advance Datastore
  • Recovery Methods-Data Integrator
  • Trouble Shooting
  • Data Profiling and Metadata Mgmt
  • Examination screen will looks like below ( Please bear with the poor quality of image 🙁 )

     

     

    All the best…..

    Narayana Murthy

  • Dr Nduom : IMF is for Those Who Have Run Out of Ideas

    Dr Papa Kwesi Nduom , the Progressive People’s Party Presidential Candidate , has ruled out the involvement of the International Monetary Fund (IMF) in the economic turnaround of Ghana if he is voted for in December.

    Dr Papa Kwesi Nduom said the Britton Wood institution is there for countries that have run out of ideas and have nowhere else to turn to for solutions to their economic challenges.

    “What can they tell us that we don’t know about?” he quizzed, adding “There are a lot of things that they [IMF] will tell us that we don’t want so what we know must be done and PPP administration will do it without having someone to tell us.”

    The celebrated Ghanaian businessman made these remarks when he addressed members of the Trade Union of Ghana (TUC) Wednesday in Accra.

    Ghana’s relation with the IMF and World Bank dates back to 1981 when a parliamentary delegation was sent to the United States to hold talks with the institution over the nation’s economic problems.

    Former President John Agyekum Kufuor, then a Member of Parliament (MP) was part of the delegation.

    The result of the discussion was the decision by the country to go through the Structural Adjustment Programme (SAP) from 1983 to 1992.The neo-liberal programme was both economic and political in nature. It came with specific prescriptions linked to the conditional loan doled out to the country.

    SAP was tied to the implementation of market-oriented policies such as trade liberalization, privatization, and fiscal discipline.Some scholars have described the programme as a bitter pill forced down the throat of African countries.

    Professor of Government and Foreign Affairs in the Department of Politics at the University of Virginia, Robert Fatton had said in 1992 that SAPs were a hindrance rather than a form of assistance due to the “global capitalist” economies behind the loan process.

    Ghana was again to run to IMF in 2001 for the Highly Indebted Poor Countries (HIPC) initiative of the institution under the erstwhile President Kufuor government. The programme saw the country receiving about $3.7 billion in debt relief between 2001 to 2004.

    The governing National Democratic Congress has again gone to the Britton Wood institution seeking help and credibility for the country’s economy.

    Although President John Mahama has described the decision to go to IMF as painful, he said it was necessary to put the economy of Ghana in the best shape.

    He said Ghana would wean itself from the Fund’s support at the end of the three-year programme which ends in 2017.

    But Dr Nduom said the rate at which the country turns to the IMF for help is disingenuous.

    “We will turn to ourselves and if we need to make sacrifices we will talk and decide on that,” he said.

    He cited a situation in which the World Bank decided not to support the people of Korea with funds because the government had planned to use the money for the construction of giant ships and industries.

    General Park Chung Hee who was then the leader of Korea was not deterred, but forged ahead and generated the needed funds to build the ships and industries which are serving the people and the world today, he noted.

    “As for us we like what is easy and what is easy is that we write a paper go to Washington and bamboozle them to get some money,” he said, adding “it is about time we stop going there and rely on the wonderful brain God has given us in Ghana.”

    myjoyonlinem



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