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Ghana achieved significant progress in employment and poverty reduction, with 950,000 exiting multidimensional poverty – Mahama

February 27, 2026
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According to the State of the Nation Address delivered by President John Dramani Mahama on February 27, 2026, the country has witnessed significant advancements in employment and poverty reduction.

Specifically, over one million Ghanaians secured jobs between the first and third quarters of 2025, while approximately 950,000 people exited multidimensional poverty within the same period, citing figures from the Ghana Statistical Service.

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“According to the Ghana Statistical Service, over 1 million Ghanaians have found employment between quarter one and quarter three of 2025. About 950,000 have escaped multidimensional poverty over the same period.

“This improvement indicates that our economy is gaining strength and resilience on the global stage. We are moving decisively from planning to action on our flagship 24-hour economy,” he said.

President noted that the country has so witnessed improvement in Ghana’s external sector performance, noting that by December 2025 the current account had recorded a surplus of $9.1 billion — equivalent to 8.1% of GDP — up from 1.8% in 2024.

He attributed the positive trend to strong export performance in gold, cocoa and non-traditional exports, as well as increased remittance inflows, describing the development as evidence of renewed economic resilience.

President John Dramani Mahama announced to Parliament that Ghana’s economy is stabilizing and growing again, stating ‘Ghana is back’ and ‘Ghana is working again’.

He attributed this progress to the government’s economic initiatives, discipline, and reforms, highlighting improved fundamentals and tangible outcomes.

By: Rainbowradioonline.com/Ghana

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