Ghana now ranks 8th richest in Africa, says Minister Pelpuo

The Minister for Labour, Jobs, and Employment, Dr. Abdul-Rashid Pelpuo, has announced that Ghana’s economy has climbed to become the eighth largest in Africa, a feat he attributes to the first year of President John Dramani Mahama’s administration.

Speaking in an interview with Citi News on Sunday, February 22, Dr. Pelpuo stated that the country’s improved economic standing is a direct result of what he described as effective leadership and sound economic management.

According to the Minister, Ghana has moved up from its previous position as the 10th richest nation on the continent. He highlighted that the nation’s Gross Domestic Product (GDP) has now surpassed GH¢100 billion, underpinning the country’s enhanced economic status.

“This government is a committed government. The president has shown that leadership can change a lot. With this one year that just passed, Ghana can be different altogether,” Dr. Pelpuo stated. “We were in 10th position when it comes to rich countries. After one year of administration, good governance and committed leadership, we shot up to the 8th position, with a GDP that is above GH¢100 billion.”

Dr. Pelpuo, who also serves as the Member of Parliament for Wa Central, reaffirmed the government’s commitment to maintaining this positive trajectory. He noted that the administration is focused on translating these macroeconomic gains into tangible improvements for citizens through strategic job creation and robust labour policies.

“We are focused on sustaining these gains,” he said. “Through strategic policies in the labour sector, we are working to ensure that this economic growth translates into improved livelihoods for all Ghanaians.”