By Ubaidatu Moro Umar
71% of citizens believe Ghana is on the wrong path, according to a survey conducted by Global Info Analytics a polling company in Ghana.
The Executive Director of Global Info Analytic, Mr. Mussah Dankwah in an interview also revealed that 60% of the New Patriotic Party(NPP) affiliates disapprove of the path the country is headed, while 81% of affiliates of the National Democratic Congress (NDC) are also of the view that the country is on the wrong path.
Interesting sympathizers of both the NPP and the NDC agree all is not well.
The poll shows that the President’s job approval rating has made a significant recovery from 26% in October, leaping to 32% in January 2023, whilst his disapproval declined sharply from 69% in October to 59% in January 2023.
The Vice President enjoys 32% Approval and 58% disapproval. In the case of Alan Kyerematen, 35% of voters approved of his performance as Trade and Industry Minister, whilst 45% disapproved of his performance.
The poll used a sample size of 5,844. The sample was allocated to all the regions based on the total number of voters in each of the regions as per the Electoral Commission’s 2020 register.
A random selection of 30% of constituencies from each region was then selected and allocated the regional quota based on the total voters in each of those constituencies.
Respondents were selected randomly in the streets, homes and workplaces.
In the race to lead the NPP for the 2024 elections, Vice President Dr. Mahmudu Bawumia and Mr Alan Kyerematen are tied with no clear favourite, (in 2023).
Standard of Living:
Poverty has worsened. The international poverty rate is estimated at 27% in 2022, an increase of 2.2% points since 2021 and Ghanaian households have been under pressure from high inflation and that has brought about the slowing of economic growth. Around 24.2% of the national population live below of the poverty line and Ghana ranks 140 out of 189 countries on the Human Development index (HDI) of the United Nations Development Programme (UNDP). Inequalities between women and men, turned out to be on a very high rate.
Poverty estimates for 2018, changes between June 2022 and September 2022 vintages by region and poverty lines.
Unemployment:
Unemployment refers to the sharer of the labor force that is without work but available for and seeking employment.
Ghana unemployment rate for 2022 was 3. 87% a 0.05% decline from 2021. Ghana’s unemployment rate for 2021 was 3.92% a0.15% increase from 2020.
Economy:
The economy of Ghana has a diverse and rich resource base, including the manufacturing and exportation of digital technology goods, automotive and ship construction and exportation, and the exportation of diverse and rich resources such as hydrocarbons and industrial minerals.
The Ghanaian domestic economy in 2012 revolved around services, which accounted for 50% of GDP and employed 28% of the workforce. Besides the industrialization associated with minerals and oil, industrial development in Ghana remains basic, often associated with plastics (such as chairs, plastic bags, razors, and pens).[26] 53.6% of Ghana’s workforce were employed in agriculture in 2013.
Ghana embarked on a currency re-denomination exercise, from the Cedi (₵) to the new currency, the Ghana Cedi (GH₵) in July 2007. The transfer rate is 1 Ghana Cedi for every 10,000 Cedis.
Ghana is Africa’s largest gold producer, after overtaking South Africa in 2019, [29] and the second-largest cocoa producer (after Ivory Coast).[30] It is also rich in diamonds, manganese or manganese ore, bauxite, and oil. Most of its debt were canceled in 2005, but government spending was later allowed to balloon.
Coupled with a plunge in oil prices, this led to an economic crisis that forced the government to negotiate a $920 million extended credit facility from the International Monetary Fund (IMF) in April 2015.
