EIU predicts NDC win in 2024 polls

The Economist Intelligence Unit (EIU) has predicted victory for the opposition National Democratic Congress (NDC) in the 2024 elections.

Per its assessment of the political environment, EIU says the NDC stands a “strong chance” of winning the 2024 presidential polls and “securing a legislative majority”.

This was contained in the firm’s country report released on Friday, April 28.

“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.”

The NDC is expected to elect its Presidential Candidate on Saturday, May 13 while the New Patriotic Party (NPP) will pick its candidate on Saturday, November 4.

EIU said the contests for both parties will be highly competitive “with several high-profile figures expected to contend”.

The report also said there will rather be an anti-incumbency sentiment and public discontent for the government, virtually handing power over to the largest opposition party.

“We expect a transfer of power to the NDC at the 2024 elections, driven by anti-incumbency sentiment and public discontent with the current government over worsening living standards.

“However, irrespective of who retains power, we expect policy to continue to focus on ensuring macroeconomic stability.”

It predicts, however, that the new government in 2025 “will face similar economic challenges to those its predecessor did, but overall political stability will be maintained, as Ghana’s main parties and citizens have faith in the country’s well-established democratic institutions and confidence that any transfer of power will be fair”.

Source: 3news.com