General News
Ghana’s Economy Surpasses $100 Billion, Becomes Africa’s 8th Largest – Ato Forson
Finance Minister Dr Cassiel Ato Forson has announced that Ghana’s economy has surpassed the $100 billion mark for the first time in the country’s history, describing the achievement as a significant milestone in the nation’s economic growth.
Presenting the 2026 Mid-Year Fiscal Policy Review in Parliament on Thursday, July 23, Dr Forson attributed the achievement to sustained economic growth and reforms introduced since 2025.
According to the Finance Minister, Ghana’s real Gross Domestic Product (GDP) grew by 6.0% in 2025, the fastest annual growth rate recorded since 2019. He noted that non-oil GDP expanded by 7.6%, the highest growth in 14 years, demonstrating that the country’s economic recovery extends beyond the oil sector.
“This demonstrates that Ghana’s recovery extends well beyond favourable commodity prices,” Dr Forson told Parliament.
He said the economy has maintained its strong performance in 2026, with real GDP growth reaching 6.4% during the first half of the year, surpassing government projections.
“For the first time in our nation’s history, the size of Ghana’s economy has exceeded $100 billion, firmly establishing Ghana as a major emerging market economy,” Dr Forson stated.
He further announced that Ghana is now ranked as the eighth-largest economy in Africa, reflecting the country’s growing economic influence on the continent.
The Finance Minister also revealed a significant rise in per capita income, which increased by more than $850 within a year—from $2,527 in 2024 to $3,385 by the end of 2025.
“These are not mere statistics,” Dr Forson said.
“They represent higher incomes, stronger businesses, greater opportunities, and an economy with a greater capacity to invest in its people.”
The announcement forms part of the government’s broader case that the economic reforms implemented since President John Dramani Mahama assumed office in January 2025 have strengthened Ghana’s macroeconomic performance and accelerated the country’s recovery.
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WAEC RELEASES 2026 WASSCE RESULTS — OVER 512,000 CANDIDATES GET THEIR RESULTS
The West African Examinations Council (WAEC) has officially released the provisional results of the 2026 WASSCE for School Candidates, with Social Studies recording the strongest performance among the four core subjects.
WAEC announced the release on September 5, 2026, following the examination which saw 512,862 candidates from 1,022 schools registered to participate. The figure represents an 11.07% increase over the 461,736 candidates who entered for the 2025 examination.
SOCIAL STUDIES LEADS THE CORE SUBJECTS
Social Studies emerged as the best-performing core subject.
A total of 393,918 candidates, representing 78.04%, obtained grades between A1 and C6.
English Language followed with 62.40%, while Integrated Science recorded 62.08%. Core Mathematics saw 60.75% of candidates obtaining A1-C6.
ENGLISH PERFORMANCE CONTINUES TO DROP
One of the major talking points from the results is the continued decline in English Language performance.
WAEC’s four-year analysis shows the proportion of candidates obtaining A1-C6 in English falling from 73.11% in 2023 to 69.42% in 2024, 69.00% in 2025 and 62.30% in 2026.
Meanwhile, Mathematics and Social Studies recorded significant improvement compared with 2025, while Integrated Science also improved.
8,295 CANDIDATES FACE SANCTIONS
The release has also been accompanied by serious examination-malpractice concerns.
WAEC cancelled the entire results of 861 candidates after they were found with mobile phones in examination halls. The Council also cancelled the subject results of 7,434 candidates for bringing foreign materials, including prepared notes and textbooks, into examination halls.
In addition, the subject results of 957 candidates and the entire results of 270 candidates have been withheld over suspected offences.
Results involving candidates from 169 schools have also been withheld over alleged collusion, with investigations ongoing. WAEC says decisions on those cases may be made by October 30, 2026.
HOW CANDIDATES CAN CHECK
WAEC says the results have been hosted online, with school heads receiving login details to access their candidates’ results.
Candidates can also check their individual results through the Council’s official results-checking platform. WAEC has warned the public against fraudsters who claim they can upgrade examination results for money.
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