Source: newsthemegh.com
The current level of poverty affects almost half of the world’s population. Numerous individuals are making less than $2 per day, according to the World Bank. About GHC 22 would be the equivalent.
According to estimates, 22 million households in Ghana are considered to be living in poverty.
12.3 million Ghanaian workers, or 5.4 million, are classified as multidimensionally poor, according to the Ghana Statistical Services’ 2022 Labour Survey.
This is clear from the employees’ extremely low wages and inability to meet their basic necessities. In line with Sustainable Development Goal One, which states that there should be No Poverty, Ghana was making progress before the start of COVID-19.
According to information from Ghana’s 2022 SDG Budget and Expenditure Report, Ghana allocated more than GHC 900 million in budgetary resources towards fighting extreme poverty among its people in 2022 alone.
The allowance had increased from the previous year by 17%.
The three greatest allocations went to the Volta, Eastern, and Central regions. However, how was the money used by the government to combat poverty?
Some households benefited from the measures it put into place. through creating supportive infrastructure and employment opportunities in local communities.