However, about 30 percent of Ghanaians still live on less than US.25/day.Some two million individuals have limited access to food, and food shortages are recurring in the three northern regions.Children are especially vulnerable, with approximately 12 percent of Ghana's children under the age of five currently underweight.
In terms of the 2008 international food crisis, Ghana has been fairly successful in minimizing the effects by means of social support programs and such measures as the removal of import duties and taxes on food and fuel.
However, Ghana does face serious macroeconomic challenges, including high inflation, significant deficits, and a growing debt load due, in part, to high public sector spending to ease the impact of the international food and fuel price crises.
Ghana is still vulnerable to the ongoing effects of the global economic crisis, and poverty has recently deepened among some groups, especially women, farmers, and people living in the northern regions.
Ghana's main challenges include: In 2014, Ghana was confirmed as a country of focus for the Government of Canada’s international development efforts.
In keeping with this agenda, Canada continues to provide direct support to the Government of Ghana's budget in order to carry out the objectives of Ghana's national plan.
Canada's international development program in Ghana builds on efforts already being undertaken by the Government of Ghana to support public sector reform, promote a stronger parliamentary role in terms of government oversight and accountability, and enhance public participation in the development and assessment of government plans and policies.Canada continues to have a strategic focus in the North—where poverty and food insecurity are highest—and continues to dialogue with the Government of Ghana, other donors, and various Canadian and local civil society organizations for more effective aid delivery.Ghana is a peaceful and stable democracy, making good progress toward its goal of becoming a middle-income country by 2020.With economic growth rates consistently topping 6 percent over recent years, Ghana is being hailed as an emerging African economic success story.It has had five consecutive democratic elections and two peaceful transitions of power since 1992, leading other African nations to look to Ghana for assistance with their own elections.Since 1990, the Ghanaian government has been working closely with the donor community and has nearly halved the number of citizens living in extreme poverty.