Despite the negative effects of the Covid-19 pandemic on the economic achievements of the ruling New Patriotic Party (NPP), the Economist Intelligence Unit (EIU) has again predicted that President Nana Addo Dankwa Akufo-Addo will defeat the leader of the main opposition party, ex-President John Mahama, in the December 2020 presidential election.
According to the July report which forecast closed in June, Ghanaians still do not trust former President John Mahama under whose presidency, between 2012 and 2016, the economy suffered serious battering.
It said the crucial 2016 election was dominated by public concerns about the faltering economy which many Ghanaians still associate with Mr. Mahama and his poor handling of the economy, and it is still fresh in the memories of the public.
According to the EIU, ahead of the 2020 general election, the Akufo-Addo administration, with hindsight of the effects of Covid-19, has focused on industrialization and infrastructure development, as well as outlining ambitious growth plans for the mainstay of the economy, agriculture, with a view to boosting rural incomes.
“The government’s industrialization push and moves to strengthen the banking sector will benefit non-oil economic growth, although the cost of capital will remain a constraint,” the report said.
“Despite the negative economic impact from the pandemic, the Economist Intelligence Unit believes that it will be difficult for the NDC under Mr. Mahama to portray itself as the better custodian of Ghana’s economy. We, therefore, expect Mr. Akufo-Addo and the NPP to secure re-election,” the report added.
The EIU said following a rise to 7.8% of Gross Domestic Product (GDP) in 2020 as a result of lower oil prices, the current account deficit will narrow in 2021 to 2024 as external conditions and hydrocarbon exports recover.
Ahead of this election, the NPP has focused on industrialization and infrastructure development, as well as outlining ambitious growth plans for agriculture to boost rural incomes.
“Following a marked weakening of the economy in 2020, reflecting a deteriorating current-account position and investor nervousness ahead of the elections, the pace of cedi depreciation will slow in 2021-24 as the hydrocarbons sector ramps up production and rise in prices” the EIU said, adding that after inflation increased to 11.3% in 2020, owing to currency weakness and pandemic-related disruption to supply chains, price rises will slow to an average of 8.8% in 2021-24.
The EIU, however, noted that if the NDC can present a coherent challenge and hold the NPP administration to account on its unfulfilled campaign promises—such as faster progress on infrastructure development—the 2020 elections could be closely contested.
Source: Daily Guide Network
What Have You Done With The GHS140 Billion -John Mahama
The Flagbearer for the NDC,John Dramani Mahama has has questioned the Nana Addo Dankwah Akuffo – Addo led government on what they’ve done with the GHS140 billion borrowing.
Addressing some party supporters in the Savannah Region,
“This government has been in power for only three and half years and they have borrowed more than GHS140 billion,now someone should tell me what they’ve done with the GHS140 billion ,you can’t see the roads,you can’t see the schools,you can’t see the hospitals,you can’t see a water ,you can’t see electricity,you can’t see anything”John Mahama said.
I will build a just and equal society – John Mahama
The Flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, says he is committed to building a just and equal society where all Ghanaians, regardless of their ethnicity or political affiliation, can benefit from opportunities in the country.
He says the next NDC administration will bring back the peace and unity of Ghana by making all Ghanaians feel that they belong to the country, especially as no group of persons own Ghana more than others.
Mr Mahama made the comments when he spoke to journalists after registering for a voter ID card in Bole in the Savanna Region on Wednesday. He observed that President Nana Akufo-Addo is doing everything, including jeopardising the peace in the country, just to hang on to power.
Former President Mahama said Mr Akufo-Addo is dictatorial and intolerant of dissenting views, adding that the closure of radio stations, harassment of journalists and the alienation of some ethnic groups, including questioning their Ghanaian citizenship, does not bode well for Ghana’s democracy and the peace and stability of the country.
He said the deployment of soldiers by the government to prevent eligible Ghanaians from registering in the on-going registration of voters is a sign of desperation, and indicative of a government who do not care about handing over a peaceful and united country.
The NDC leader says the only way to stop the government from further dividing Ghanaians and toying with the peace, stability and unity of the country is for all eligible voters to be resolute and register for their voter ID cards, despite the machinations by the government to disenfranchise them.
I Will Resign If Akufo Addo Wins 2020 Elections – NDC Communication Officer
Deputy Communications Officer of the National Democratic Congress (NDC), Kwaku Boahen, has pledged to resign if President Nana Akufo-Addo wins the 2020 December polls.
Mr Boahen made the statement during a live radio interview on Adom FM’s Dwaso Nsem show on Monday morning.
“If Akufo-Addo wins the 2020 December polls, I will resign as the Deputy Communications Officer of the NDC, I will stop doing politics,” he said.
His statements were in relation to claims that President Nana Akufo-Addo had deliberately deployed soldiers to the strongholds of the NDC to disallow persons in such areas from registering to vote in the 2020 December polls.
“But it [plan to prevent NDC members from voting] won’t work, he will lose the 2020 elections,” he added.
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