The Economist Intelligence Unit (EIU), in its latest report released on Friday, April 28, 2023, predicted victory for the opposition National Democratic Congress (NDC) in the presidential and parliamentary elections.
“The NDC, therefore, stands a strong chance of winning the 2024 presidential poll and securing a legislative majority,” EIU noted.
According to the report, poor governance and economic hardship are largely, the deciding factors for the expected voting patterns.
The EIU, on the other hand, stated that regardless of who remains in power, Ghana’s policy will continue to focus on ensuring macroeconomic stability.
It also stated that the new government will face economic challenges similar to those faced by its predecessor.
“The next parliamentary and presidential elections are due in 2024. Under constitutionally mandated term limits, the incumbent president, Nana Akufo-Addo, cannot run for a third term, and he has pledged to comply.
“In early January the trade and industry minister, Alan Kyerematen, resigned and announced his bid to become the NPP’s presidential candidate. We expect the contests to secure the presidential candidacies of both the NPP and the NDC to be highly competitive, with several high-profile figures expected to contend.
“A former president, John Mahama, launched his campaign to secure the NDC presidential candidacy in March. However, the NDC could also choose to revitalise its prospects with a fresh candidate, such as Kwabena Duffuor, a former finance minister, who has also declared his intention to secure the party candidacy.
“Our baseline forecast is that economic hardships, the fallout from debt restructuring and poor governance will create an anti-incumbency wave and push the electorate to seek change. The NDC, therefore, stands a strong chance of winning the 2024 presidential poll and securing a legislative majority.”
By: Rainbowradioonline.com/Ghana
