Akufo-Addo will win election 2020 - EIU April report predicts

Akufo-Addo will win election 2020 - EIU April report predicts

- EIU says President Akufo-Addo will win a second term

- The EIU in a report is suggesting that the NPP will secure re-election because they are better custodians of the economy

- The report said the only way John Mahama can present a challenge is to hold the NPP to account on its unfulfilled campaign promises

- Our Manifesto: This is what YEN.com.gh believes in

The Economist Intelligence Unit's (EIU) report for April 2020 is predicting victory for President Nana Akufo-Addo in the December polls.

According to the EIU report, it expects the New Patriotic Party (NPP) to retain power because it does not see the NDC’s flagbearer, John Dramani Mahama as a good custodian of the country’s economy.

We, therefore, expect Mr. Akufo-Addo and the NPP to secure re-election,” the EIU’s April 2020 report stated.

READ ALSO: 'Just one month of COVID-19 and our economy is in ICU' - Mahama speaks to Ghanaians

The report further stated that NPP’s one-district-one-factory program is enjoying some good success and investments are expected to recover once the coronavirus subsides.

Also, the report noted that Ghana’s economy will contract by 1% in 2020 due to falling oil prices and operational difficulties in some oilfields.

The government’s industrialisation push and moves to strengthen the banking sector will benefit non-oil economic growth over the medium term, although the cost of capital will remain a constraint on some businesses, particularly small and medium-sized enterprises.

Again, the report added that inflation will average 8.6% in 2020-24, staying within the central bank’s 6-10% target range.

READ ALSO: Tema robbery: Police give account of how witnesses scattered GHC123,345 leaving only GHC 2,500

In conclusion, the EIU opined the if the NDC and John Mahama can present a coherent challenge and hold the NPP to account on its unfulfilled campaign promises—such as faster progress on infrastructure development—the elections could be closely contested.

YEN.com.gh earlier the Inspector-General of Police (IGP), Mr. James Oppong Boanuh, has directed that all frontline police personnel who are involved in the fight of the coronavirus should go into self-quarantine.

According to the Director of Public Affairs at the Ghana Police Service, Superintendent Sheila Kesse Abayie-Buckman, the IGP has asked that the about 8,000 personnel also get tested for the COVID-19 virus.

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READ ALSO: COVID-19: 7 ways government has provided relief for Ghanaians

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Source: YEN.com.gh

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