The latest report by the UK-based Economic Intelligence Unit has predicted that the opposition National Democratic Congress (NDC) is likely to win the upcoming 2024 General Elections.
According to the report by the research and analysis division of the Economist Group which was released on Friday, April 28, 2023, the NDC stands a strong chance of winning both the presidential and parliamentary elections.
Giving reasons for the higher chance of the largest opposition party to win the polls, EIU noted that poor governance and skyrocketing economic hardships will be the major banes of the incumbent New Patriotic Party (NPP) who intends to break the 8-year cycle.
“The NDC, therefore, stands a strong chance of winning the 2024 presidential poll and securing a legislative majority,” parts of the report read.
“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”
In addition to the prediction, EIU continued that irrespective of who retains power, it expects Ghana’s policy to continue to focus on ensuring macroeconomic stability. It also noted that the new government will face similar economic challenges its predecessor encountered.
“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.