Unemployment—a state in which individuals capable of work seek employment at the prevailing wage rate but remain unsuccessful—is a matter of national concern. As a key macroeconomic indicator, it serves to gauge the health of the economy. Its implications range from the economic to the social and spiritual. Unemployment constrains living standards, exacerbates poverty, and […]
JOB CREATION The 24-Hour Economy policy is described as “productive revolution that will increase earnings and turn idle hours into active work” (paragraph 992, pg. 127). The government aims to create 800,000 new jobs in the 2026 fiscal year to improve productivity and make Ghana more competitive . Three (3) garment factories are expected to […]
SUMMARY OF GHANA’S ECONOMIC POLICY The economic outcomes for the 2025 fiscal year were positive, characterised by the recovery of single-digit inflation, significant economic growth, and the outperformance of key macroeconomic targets. The 2026 budget and medium-term strategy set out objectives to stabilise these economic gains, accelerate growth and job creation, and sustain key interventions […]
