The burden of inflation and low growth are impacting negatively on the vulnerable, and pushing more Ghanaians into poverty, the Acting Country Manager of the World Bank, Mrs Eunice Ackwerh, has stated. "The World Bank estimates that about 36 per cent of Ghanaians are poor and that more than a quarter of the people live on less than $2.15 per day," she said.
She said that the poor were the most vulnerable, hence there was the need for the country to implement policies to ensure that severe poverty conditions were addressed. Mrs Ackwerh made the call at the World Bank End Poverty Day programme, held in Accra, yesterday, on the theme "Delivering with Ambition".
The event was part of activities to mark the International Day for the Eradication of Poverty, celebrated every year in the month of October.
The programme that was mostly attended by the youth provided opportunities for officials of the World Bank to highlight projects the financial institution was financing to create jobs and address poverty in Ghana.