Monday, December 23

Fitch Solutions Predicts Strong Chance for John Mahama in 2024 Elections

International research firm Fitch Solutions has forecasted a strong likelihood of victory for John Mahama in the upcoming 2024 general elections. The London-based firm, known for its consistent polling, revealed that 54% of respondents in their survey favor the former president as the winner in the December presidential election.

During the Mid-Year Review for Sub-Saharan Africa, Mike Kruiniger, Associate Director of Country Risk at Fitch Solutions, highlighted that the current economic conditions will play a crucial role in voter decisions on December 7. “We believe that the opposition NDC has a stronger chance of winning the upcoming general elections compared to the ruling NPP. Recent polls consistently place the NDC ahead, with the latest survey showing 54% of respondents favoring the NDC,” Kruiniger stated.

Fitch Solutions emphasized that economic issues and employment concerns will significantly influence voters’ choices this year. These factors are expected to disadvantage the ruling NPP, given the recent economic challenges the country has faced. “Multiple surveys have shown that economic management and job creation are key issues for voters, which will likely disadvantage the NPP,” Kruiniger added.

Regarding policy direction, Fitch Solutions predicts that if John Mahama wins, the economic policies are expected to remain consistent. Kruiniger mentioned that an NDC government would likely continue the IMF program initiated by the NPP. “We think that policy direction under a likely NDC government will not largely change. The NDC will most likely stick to Ghana’s IMF program, as the party has shown commitment to international agreements in the past. In summary, we expect policy continuation in Ghana despite a likely government change,” he concluded.

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