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Akufo-Addo will win 2020 election – US-based rating agency Fitch says, here’s why

The ruling New Patriotic Party (NPP) will win the December 7 elections, Fitch Solutions, a research arm of an American rating agency Fitch Solutions has said.

It however says the elections will be closely fought as anticipated.

In its Macroeconomic Update of Sub Saharan Africa countries, it said the supervision of a prudent economy in the last couple of years will benefit the ruling party in power.

Senior Country Risk Analyst in the Sub-Saharan Africa (SSA) team where he specializes in West African markets, William Atwell, said “the elections, of course, is a key component of the outlook for the rest of 2020; former President John Mahama is going to be taking on the incumbent Nana Akufo-Addo.

There isn’t too much to differentiate between the two in terms of the broad policy-tax reforms- and we aren’t expecting a big shift either way in terms of the regulatory outlook for Ghana next year.”

“But in terms of who we expect to win the elections, really the incumbent [NPP] is expected to benefit from the fact the economy has been fairly well managed for the past several years. And our base case scenario suggests that he will remain in the office for another term.”

No Party will have it easy

The nation has barely 62 days more to go for the December 7 elections.

But Political analyst Michael Ebo Amoah has stated that dynamics in this year’s polls are different from that of 2016, hence, no political party especially the NDC and NPP should take the election for granted or be complacent.

“…Is a do or die affair because both the current president and former president have defeated each other before, he explained on Nyankonton Mu Nsem on Rainbow Radio 87.5Fm.

He was reacting to recent comments made by Sammi Awuku the National Organizer of the NPP who has admitted the 2020 polls and victory for the NPP will not come on a silver platter whereas the president and his vice have both stated the polls would be easy for the NPP considering their achievements.

Source: Peacefmonline.com


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