Finance Minister Dr Cassiel Ato Forson has disclosed that approximately 950,000 Ghanaians moved out of multidimensional poverty within a year, describing the achievement as a significant milestone in the country’s social and economic progress.
Presenting the 2026 Mid-Year Fiscal Policy Review in Parliament on Thursday, July 23, 2026, Dr Forson said Ghana recorded a notable decline in multidimensional poverty, which measures deprivation across key areas including education, healthcare, living conditions and employment.
According to him, the country’s multidimensional poverty rate fell from 24.9 percent in the third quarter of 2024 to 21.9 percent during the same period in 2025.
“This simply means that about 950,000 Ghanaians moved out of multidimensional poverty in just one year,” the Finance Minister told Parliament.
He stressed that the figures represent real improvements in the lives of ordinary citizens rather than just statistical gains.
“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 also highlighted positive developments in the labour market, revealing that the unemployment rate declined from 13.7 percent during the first three quarters of 2024 to 12.8 percent over the corresponding period in 2025.
The Finance Minister attributed the improvements to the government’s economic policies, which he said are aimed at promoting growth, creating jobs and improving the living standards of Ghanaians.
