Youth unemployment in Ghana stubbornly high at around 30% - IMF
The International Monetary Fund stated that youth unemployment in Ghana has been stubbornly high at around 30% for ages 15-24. In its country report on Ghana, it said social conditions remain challenging despite safeguards. To address unemployment, particularly among the youth, the IMF said the authorities' Medium-Term National Development Policy Framework (2026-29) emphasizes growth centered on labor-intensive sectors.
The World Bank estimates that poverty (measured at $3 a day) declined modestly to 37.1% in 2025 (38.9% in 2022), reflecting disinflation and improved growth in agriculture and services. The IMF continued that Ghana faces substantial social protection gaps that require a sustained scaling up of allocations and improvements in program effectiveness. It added that the Livelihood Empowerment Against Poverty (LEAP) coverage, even after planned expansion, will reach only a fraction of the almost 40% of Ghanaians living below the international poverty line.
Quick Summary
The International Monetary Fund (IMF) has highlighted Ghana's persistent youth unemployment, which remains around 30% for ages 15-24. This ongoing
Summary - read the full story for complete context.

Image: Joy Business
GhanaFront aggregates news from trusted sources. Click to read the original article.
Keywords
Explore related tagsMore from Joy Business
Related Stories
More from Business & Economy

New legal framework to enhance more efficient, investor-friendly services in Ghana - GIPA CEO
Discover how Ghana's new investment authority is set to revolutionize business services and attract greater capital to the nation.
2h ago•2 min read

Ghana processes less than 6% of cashew output as farmers face price plunge
Despite producing hundreds of thousands of tonnes of cashew nuts, Ghana processes less than 6% of its output, raising questions about value retention.
1d ago•4 min read

102 years of keeping promises: Why Enterprise Insurance says 'Eto Wo A Da'
Discover how Enterprise Insurance is changing the narrative around insurance uncertainty in Ghana.
19h ago•4 min read

BoG directs banks to cut bad loans to 10% by end of 2026
Ghana's central bank is pushing for a significant reduction in bad loans across the financial sector-find out why this target is crucial for
21h ago•3 min read





