- Ghana's economic slowdown is expected to see president Mahama lose the November 7 polls, a report by the EIU predicts.
- The report which further suggests that the opposition NPP will win the general election predicts that a victory for the opposition party will come as a result of hard work
The Economic Intelligence Unit (EIU) has for the second time in its report on Ghana's 2016 election predicted that the opposition New Patriotic Party (NPP) will win the November 7 elections citing cases of a weakened economy among others as critical reasons.
The report which predicts that the Greater Accra is likely to determine who wins the general election has concluded that there is little time for President Mahama and the NDC to put things right before the elections start.
"The president, John Mahama and the National Democratic Congress (NDC) government will bear the brunt of the blame for the (economic) situation with the opposition New Patriotic Party (NPP) attempting to act as a focus for disenchanted Ghanaians to rally around, knowing that attacking the government's economic record represents its best chance of taking power at the elections set for November 2016," portions of the report predicted
The report continues to add that the opposition New Patriotic Party will have to work harder in order to garner the most votes during the presidential and parliamentary elections.
"The outcome is by no means a foregone conclusion, however, with the results likely to be close. The NPP will need to work hard to attract votes from outside its heartlands in central Ghana while maintaining internal unity. Meanwhile, the NDC will continue to enjoy strong support in the east and north of the country, owing to historical and tribal allegiances. Greater Accra, a historical swing state, will be a key battleground, and so tensions in this economic hub could disrupt business operations. The following national elections will then be due in 2020," the report added.
While the report cast dark fortunes for the NDC, its deputy General Secretary Koku Anyhidoho welcomed the report. as he has referred to portions of the report which says Ghana is on the verge of exponential economic growth between 2017 to 2019. According to Koku Anyhidoho, this prediction destroys the NPP narrative that the Mahama-led government has destroyed the economy concluding that the report endorses the NDC view that the President has invested massively in infrastructural development necessary for an economic take-off.
The Economic Intelligence Unit (EIU) is a UK based think tank which provides forecasting and advisory services through research and analysis, monthly country reports, five-year country economic forecasts, country risk service reports, and industry reports.