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56.4% of Ghanaians remain in poverty despite economic recovery – World Bank

The World Bank Division Director for Ghana, Liberia and Sierra Leone, Robert R. Taliercio, said the strong headline economic growth recorded in recent years was yet to translate into improved living conditions for a significant proportion of the population.

56.4% of Ghanaians remain in poverty despite economic recovery – World Bank

The World Bank has revealed that 56.4% of Ghanaians continue to live in poverty, despite the country's recent economic recovery. According to Robert R. Taliercio, the World Bank Division Director for Ghana, Liberia and Sierra Leone, the strong economic growth observed in recent years has not yet led to improved living conditions for a large segment of the population.

At the launch of the World Bank's *Tenth Ghana Economic Update* in Accra, Taliercio emphasized the necessity for inclusive growth to generate opportunities and jobs for the broader population. He highlighted a significant disparity across different regions, stating that there is a disconnect between Ghana's headline economic growth and the lived experiences of many households.

The disconnect is particularly troubling given Ghana's expanding young population, which necessitates the creation of sufficient employment opportunities for those entering the labor market. While the country's economy grew by *6% in 2025* and accelerated to *6.4% in the first quarter of 2026*, Taliercio warned that growth alone is insufficient to tackle the nation's development issues if it is concentrated in sectors with limited employment potential.

He stressed that this structural imbalance demands immediate attention to make Ghana's economic recovery more inclusive, job-intensive, and resilient, ensuring that the benefits of economic growth reach more households and regions.

Written by urgent.news from Joy Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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