In fact, Ghana is the first country in Sub-Saharan Africa to achieve the Millenium Development Goal 1, which is the target of halving extreme poverty. Ghana has recently become a middle income country.
Ghana is one of the finest African countries that has seen a steady growth in terms of GDP and So-economic growth among its neighboring countries.
Many will say Yes and No because It depends on how one defines poverty.
Yes: because we still have slums like India, China. We have homeless people because they choose to migrate for a “better life” in the cities. However, I believe homeless Americans are more than ours, at least our homeless population have large parcels of land for farming and shelter in their hometowns.
In short, the majority of Ghanaians do have the means to live a decent life. We lack some of the niceties of life and surely do not enjoy a luxurious lifestyle as most Westerners do.
No: because in her song “Coat of Many Colors” Dolly Parton sang that “one is only poor only if they choose to be”.
We are one of the richest countries in the world. We have a good number of all major natural resources. Gold, bauxite, magnesium, cocoa, coffee, timber, beautiful beaches, great history and cultural heritage.
Our diverse culture and cohabitation is exeptional. We are arguably the only country in the world that have the most peaceful Christian and Muslim coexistence (visit Nima in Accra and you’ll see churches close to mosques).
So why are we portrayed as a poor nation is because of bad media representation. We are just fine. Of course we can do better with better governance and less corruption. But so can any nation.
No study can significantly point out truthfully why Ghana can be considered a poor country. At least we have a peaceful democracy than most other nations.
We have more potential of growth and sustainability than many advanced countries. We need investors who are open-minded with good intentions to really make this world (including Ghana) a better place.
Ghana is not an advanced nation yet, however its one of the fastest growing economies.