According to the exploration firm, the New Patriotic Social gathering (NPP) will get exclusively on its top-quality dealing with of the Ghanaian economic system as when compared to its rivals, the Nationwide Democratic Congress (NDC).
The EIU mentioned “The upcoming national elections are because of in December 2020. The Economist Intelligence Unit expects the NPP to retain electrical power, as the celebration is seen as a superior custodian of the economy than the opposition Nationwide Democratic Congress”.
According to the report, the Akufo-Addo “government’s ambitious industrialization program [One District-One Factory] is savoring some accomplishment, with financial investment anticipated to get well when the virus subsides. Nonetheless, over-all development will carry on to be hampered by structural weaknesses and regional imbalances”.
President Nana Addo Dankwa Akufo-Addo
The report also said: “The marketing campaign for the 2016 election was dominated by general public considerations in excess of a faltering economic system, which lots of Ghanaians nonetheless affiliate with Mr Mahama. Ahead of this election, the NPP has centered on infrastructure progress (these kinds of as increasing world-wide-web and electrical energy obtain, as properly as streets, in rural areas) and outlined formidable development options for funds-crop yields, which would bolster rural incomes.”
It extra: “The government’s industrialization press and moves to fortify the banking sector will gain non-oil economic advancement over the medium phrase, while the charge of cash will continue to be a constraint on some companies, specially smaller and medium-sized enterprises.