EIU’s report on Mahama and NDC can’t be glossed over; it’s a credible organization – Asah-Asante

A Political Science lecturer at the University of Ghana, Dr Kwame Asah-Asante has said the report by the Economist Intelligence Unit (EIU) cannot be taken for granted.

He said the EIU is a credible organization that has gained recognition globally therefore, their findings cannot be glossed over.

The EIU has said in its five-year forecast for Ghana, released on April 13, 2022 the National Democratic Congress (NDC) will win the 2024 elections but that will only happen without former president John Mahama as their candidate.

“Our baseline forecast is that ongoing public dissatisfaction with the slow pace of improvements in governance—such as infrastructure development, job creation and easing of corruption—will trigger anti-incumbency factors and push the electorate to seek a change.

“The NDC therefore stands a reasonable chance of winning the 2024 elections,” the EIU said.

The report further said that it expects Ghana’s underlying political stability to endure over the forecast period, despite a highly acrimonious party-political landscape.

The fierce rivalry between the two major parties—the ruling New Patriotic Party (NPP) and the opposition National Democratic Congress (NDC, the EIU said, will remain the core feature of the political scene.

“A razor-thin NPP-led working majority in parliament (with 138 out of 275 seats) implies that achieving consensus on contentious reforms, including planned tax rises, will prove tumultuous. In November 2021 the minority government rejected the proposed 2022 budget bill over the introduction of an electronic-transaction levy (e-levy); this was later reversed, and the 2022 budget bill was passed by an NPP-led majority, albeit without the e-levy clause.

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“Similar issues with achieving consensus on major legislation will slow policymaking and test the government’s strength throughout the remainder of its term (until 2024). We expect a transfer of power to the NDC in the 2024 elections, driven by anti-incumbency factors and public dissatisfaction with the current government.

“However, irrespective of who retains power, we expect policy continuity in the medium term, with a focus on improving food security, industrialisation and economic diversification. The new government will face similar challenges to its predecessor, but overall political stability will prevail,” the report said.

It further indicated that public discontent with the government stems from factors such as rising prices (stoked further by the Russia-Ukraine war),

Reacting to the report in interview with TV3’s Komla Adom on the mid day news on Tuesday April 19, Dr Asa Asante said “this organization is credible, they have been doing this all time, almost all the time they are getting their findings right. It is a body you cannot take them for granted when it comes to election predictions and analysis.

“Their predictions, I take them as one of the things we cannot gloss over.”

By Laud Nartey|3news.com|Ghana