Audio By Carbonatix
The African Development Bank (AfDB) has pegged Ghana’s unemployment at 13.1% and inequality at 43.5%.
According to its Economic Outlook 2026, unemployment and inequality remain high in Ghana, implying non-inclusive growth.
“Unemployment disproportionately affects women (14.8%) and youth (32%), it stated.
“While pro-poor spending was constrained by financing shortfalls in 2024, the 2025/26 budget aimed at supporting inclusive growth with increased allocations for social development, including human capital education and health”, it added
Outlook and Risks
It pointed out that the medium-term outlook of Ghana remains positive, though subject to risks.
It said inflation is expected to decline to single digits, reflecting exchange rate stability and sustained policy discipline.
The fiscal deficit is also projected to remain broadly within target at 2.6% of Gross Domestic Product in 2026 and 2.2% in 2027.
This is supported by consolidation and debt restructuring, while the current account is expected to remain in surplus at 3.0%.
Latest Stories
-
Ghana’s BRICS move requires clear strategy to manage risks – Godfred Bokpin
1 hour -
Pay teachers realistic income – Duncan Amoah to gov’t
2 hours -
Bechem to become chicken capital of Ghana – Mahama projects
2 hours -
Gov’t targets recruitment of 16,500 health professionals in 2026
2 hours -
Two-week strike will not derail academic calendar – GNAT President
2 hours -
Headmaster detained after BBC investigation into alleged sexual abuse of students
2 hours -
GNAT pushes for clear implementation procedures of teachers’ conditions of service
3 hours -
Recurrent strikes threaten quality of education and academic calendars – Prof Bokpin
3 hours -
‘Cockroach’ group leaders among hundreds detained in Delhi protest
3 hours -
Don’t let speed of information become your judgement – CJ tells new lawyers
3 hours -
World Cup visa scandal: People have leveraged public office to facilitate fraud – Senyo Hosi
3 hours -
Glut! Farmers count losses as prices crash, customers happy
4 hours -
GSA postpones auction of unserviceable vehicles
4 hours -
Man charged with attempted murder after stabbing
4 hours -
World Cup visa scandal: Senyo Hosi says issue goes beyond calls for Sports Minister’s resignation
4 hours