• About
  • Advertise
  • Privacy Policy
  • Contact
Wednesday, November 26, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Ghana’s Focus on Children Commendable as 73% Experienced MD Poverty in 2023 – UNICEF

Michael Teye-Bio Naduteyby Michael Teye-Bio Nadutey
November 26, 2025
Reading Time: 5 mins read
Launching of the 2023 SDG Budget and Expenditure Report

Launching of the 2023 SDG Budget and Expenditure Report

Poverty is no respecter of innocence, as the United Nations Children’s Fund (UNICEF) revealed that 73 percent of children living in Ghana experienced multidimensional (MD) poverty in 2023 and commends the government’s commitment so far.

During the launch of the 2023 SDG budget and expenditure report this November, UNICEF commended Ghana for including a child-specific indicator for the first time in the SDG report. The Fund described the step as a critical milestone.

“The inclusion strengthens Ghana’s ability to channel investments toward children, a demographic still facing worrying levels of deprivation. 73 percent of Ghanaian children experience multidimensional poverty, while 28 percent face monetary poverty.”

Mr Osama Makiawi Khogali, UNICEF Country Representative

Progress Made by Ghana Through SDG

Mr Khogali lamented that the data from Ghana shows a worrying trend, where approximately 2 out of every 3 children in Ghana are multidimensionally poor.

RelatedPosts

BoG to Support Real Sector While Guarding Economic Stability

Cedi Support Strengthens as BoG Pushes Reserves to $11.41bn

Geopolitical Tensions and Market Swings Trigger New BoG Warning

WhatsApp Image 2025 11 25 at 20.47.58 1
Mr Isaac Fraikue (middle), Ms Paulina Sarvilahti (next left), Mr Osama Makiawi Khogaliet (far right), et. al., @ the report launch

Multidimensional poverty goes beyond income measures to assess poverty based on deficiencies in quality healthcare, education, and standard of living. This measure provides a more comprehensive image of poverty by recognising multiple disadvantages that groups, families, and households face. Such challenges include little schooling, poor nutrition, and lack of access to clean water.

Ghana has, however, performed well in its effort to solve the menace through its commitment to the SDG goals. But Mr Khogali remarks that more work is needed in addressing the poverty in Ghana.

“Ghana has made important progress, but we must be more targeted, more decisive. As we observe World Children’s Day, this report reminds us that investing in children is investing in the nation’s long-term development.”

Mr Osama Makiawi Khogali, UNICEF Country Representative

According to UNICEF, Ghana has one of the most advanced and transparent SDG accountability systems globally. Only a few countries have adopted such a detailed tracking mechanism that links budget lines directly to SDG targets, UNICEF pointed out.

ADVERTISEMENT

“There are very few countries that have been brave enough to take this step, to really have this kind of accountability tool in place.

“It’s laudable that the Ministry of Finance is a frontrunner in this. Ghana’s data-driven approach provides a solid foundation for accelerated progress.”

Ms Paulina Sarvilahti, Chief of Social Policy and Inclusion at UNICEF Ghana

Developing a system for tracking whether resources reach the right beneficiaries position Ghana to achieve the SDG targets faster, despite global challenges ranging from economic pressures to the lingering effects of the COVID-19 pandemic.

OIP 12 1

“Overall, it’s great that we have this strong commitment from the government and that there is really a strong push towards this,” Ms Sarvilahti said.

Ghana Localised SDG Budget and Pursues 2030 Target

In strengthening its commitment to the Sustainable Development Goals (SDGs), Ghana launched the 2023 SDG Budget and Expenditure Report. The report contains an exclusive track of how the government has allocated its resources to ensure progress in health, education, social protection, and human capital development.

istockphoto 519660981 612x612 1

According to the report, Ghana has significantly increased its budgetary allocation and spending on SDG-related issues by 116.9 percent, over double increase. In 2022, Ghana spent GH¢83 billion, while in 2023, the country spent GH¢180 billion to achieve some of the SDG targets.

According to UNICEF, Ghana’s commitment is “one of the strongest financial commitments to the SDGs in the sub-region,” adding that this “investment boost reflects the government’s decision to integrate SDG financing into the national budgeting framework and ensure that development interventions are backed by real, measurable expenditures.”

sdgs crosswalk

Ministry of Finance Poised to Meet SDG Deadline

The Ministry of Finance is poised to meet the SDG deadline as SDG tracking has now become deeply embedded in government operations, allowing policymakers to identify gaps and adopt timely corrective measures.

“We will definitely meet the targets by the time they are due because we are working so hard as a country.”

Mr Isaac Fraikue, Director of Budget at the Ministry of Finance

He further mentioned that the history of Ghana’s commitment to ensuring inclusivity of all groups in sharing the national cake is revealed by the report. The report aims to position Ghana to create a better future for its citizens to meet the global vision.

“Developing this report is more than just tagging and tracking budgetary applications and associated expenditures. It tells the story of Ghana’s development journey, reflecting our resolve to ensure that no one is left behind whilst aligning our national priorities with a shared global vision for a better future.”

Mr Isaac Fraikue, Director of Budget at the Ministry of Finance

According to Mr Fraikue, the next phase of Ghana’s SDG financing strategy will focus on localising the SDG budget and expenditure reports, ensuring that districts and local authorities are better equipped to plan, track, and report SDG-related spending. Deeper stakeholder engagement, stronger collaboration with development partners, and the use of real-time data will guide financial decision-making going forward, he remarked.

67333b87f231cb3d45ec2ae4

UNICEF urged the government to further increase investment in social protection, education outcomes, and child nutrition while sustaining the transparent reporting mechanisms that have earned the country global recognition.

READ ALSO: Muslim Leader’s Meeting with President Mahama Highlights Urgent School Needs

Tags: 2023 SDG budget and expenditure reportMinistry of FinanceMr Isaac FraikueMr Osama Makiawi KhogaliMs Paulina SarvilahtiMultidimensional PovertySDG GoalsSDG-related spendingUNICEF
Share1Tweet1ShareSendSend
Please login to join discussion
Previous Post

Investors Rush Back to GSE as Indices Post Multi-Week Gains

Next Post

Taiwan Unveils Special Budget For Arms Purchases

Related Posts

127th Monetary Policy Committee meeting
Economy

BoG to Support Real Sector While Guarding Economic Stability

November 25, 2025
Cedi Support Strengthens as BoG Pushes Reserves to $11.41bn
Economy

Cedi Support Strengthens as BoG Pushes Reserves to $11.41bn

November 25, 2025
Geopolitical Tensions and Market Swings Trigger New BoG Warning
Economy

Geopolitical Tensions and Market Swings Trigger New BoG Warning

November 24, 2025
ae0c2a0eee31d09ac59b3b0ea873683cByjus Elevates Jiny Thattil as CTO as Anil Goel Moves on 750x500
Economy

Ghana Crippled by No Jobs: ‘Own Businesses’ to the Rescue

November 24, 2025
PolicyPriorites
Economy

Policy Priorities Ghana Needs to Sustain Growth Against External Shocks

November 22, 2025
1738227280 fiscal deficit
Economy

Ghana on the Brink of Fiscal Triumph: Deficit to Hit Just 4 Percent

November 22, 2025
Ghana National Association of Small-Scale Miners Executives
Extractives/Energy

GNASSM Refutes Claims of Illegally Mining New Bogoso South Pit

by Bless Banir YarayeNovember 26, 2025
Vice President Professor Naana Jane Opoku-Agyemang
General News

Vice President Pushes Value Addition to Curb Youth Migration

by Silas Kafui AssemNovember 26, 2025
Asia

Lebanon, Cyprus Ink Long-delayed Sea Border Agreement

by Comfort AmpomaaNovember 26, 2025
Anthony Sarpong, Commissioner-General fo the GRA 
General News

GRA Cracks Down on Smuggling, Saves Ghana GHS 3.6m in Lost Revenue

by Evans Junior OwuNovember 26, 2025
Mobile Money Storms to GHS 434.7bn in Monthly Transactions — Ghana Sets New Digital Finance Record
Vaultz Business

Mobile Money Storms to GHS 434.7bn in Monthly Transactions — Ghana Sets New Digital Finance Record

by M.CNovember 26, 2025
Lands Minister with Blue Water Guards
Extractives/Energy

Galamsey: Government Justifies Blue Water Guards’ Effort, Set to Deploy More

by Bless Banir YarayeNovember 26, 2025
Ghana National Association of Small-Scale Miners Executives
Vice President Professor Naana Jane Opoku-Agyemang
Anthony Sarpong, Commissioner-General fo the GRA 
Mobile Money Storms to GHS 434.7bn in Monthly Transactions — Ghana Sets New Digital Finance Record
Lands Minister with Blue Water Guards

Recent News

Ghana National Association of Small-Scale Miners Executives

GNASSM Refutes Claims of Illegally Mining New Bogoso South Pit

November 26, 2025
Vice President Professor Naana Jane Opoku-Agyemang

Vice President Pushes Value Addition to Curb Youth Migration

November 26, 2025
download

Lebanon, Cyprus Ink Long-delayed Sea Border Agreement

November 26, 2025
Anthony Sarpong, Commissioner-General fo the GRA 

GRA Cracks Down on Smuggling, Saves Ghana GHS 3.6m in Lost Revenue

November 26, 2025
Mobile Money Storms to GHS 434.7bn in Monthly Transactions — Ghana Sets New Digital Finance Record

Mobile Money Storms to GHS 434.7bn in Monthly Transactions — Ghana Sets New Digital Finance Record

November 26, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address