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18th July 2024 11:49:37 AM
2 mins readBy: Chris Kodo

Fitch Solutions, a renowned research and data firm based in London, has forecasted that Ghana's opposition National Democratic Congress (NDC) is poised to win the upcoming general elections scheduled for December 7.
According to the firm's latest survey findings, 54% of respondents favor the NDC's candidate, John Mahama, over the incumbent New Patriotic Party (NPP).
Mike Kruiniger, Associate Director of Country Risk at Fitch Solutions, highlighted economic factors as pivotal in shaping voter preferences.
He emphasized that issues such as economic management and job creation will heavily influence voters' decisions during the elections, potentially placing the ruling NPP at a disadvantage due to recent economic challenges.
"We believe that the opposition NDC has a stronger chance of winning the upcoming general elections compared to the ruling NPP. Recent polls consistently place the NDC ahead with the most recent survey showing 54% of respondents favoring the NDC," stated Mr. Kruiniger during the Mid-Year Review for Sub Saharan Africa.
Regarding the potential policy direction under an NDC government, Mr. Kruiniger indicated continuity with the International Monetary Fund (IMF) programme initiated during the current administration led by President Nana Akufo-Addo and Vice President Mahamudu Bawumia.
"In terms of what a government change will mean for the economy, we think that policy direction under a likely NDC government will not largely change. The NDC will most likely stick to Ghana's IMF programme, particularly as the party has shown commitment in the past to international agreements and obligations," he explained.
Fitch Solutions' assessment suggests that despite a potential change in government, Ghana's economic policies are likely to remain stable, ensuring continuity and consistency in economic management.
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