Finance Minister Dr Cassiel Ato Forson has told Parliament that Ghana’s key economic indicators continue to improve, with inflation dropping sharply, unemployment declining, poverty reducing and the country’s debt target achieved ahead of schedule.
Presenting the 2026 Mid-Year Fiscal Policy Review, Dr Forson said multidimensional poverty, which measures deprivation across living conditions, education, health and employment, fell from 24.9% in the third quarter of 2024 to 21.9% during the corresponding period in 2025.
“This simply means that about 950,000 Ghanaians moved out of multidimensional poverty in just one year.
“Behind these statistics are the hundreds of thousands of families who now enjoy better living conditions and greater hope for the future,” he said.
Dr Forson further announced that Ghana has already met its statutory public debt target of 45% of GDP, achieving the milestone ahead of both the International Monetary Fund (IMF) programme timeline and the government’s own target.
The minister said inflation fell from 23.8% in December 2024 to 5.3% in June 2026.
He noted that inflation ended 2025 at 5.4% before easing further to 5.3% by June this year, describing the decline as telling “the clearest story of all” about Ghana’s economic turnaround.
The Finance Minister also reported improvements in the labour market, saying the unemployment rate declined from 13.7% during the first three quarters of 2024 to 12.8% over the same period in 2025.
