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Significance
The new government, led by President-elect Nana Akufo-Addo, faces an uphill battle to deliver on its campaign promises. Nonetheless, Akufo-Addo will enter the presidency with a commanding mandate and a parliamentary majority: it is projected that Akufo-Addo’s New Patriotic Party (NPP) will take 170 seats, compared to the 95 won by Mahama’s National Democratic Congress (NDC).
Impacts
Election promises will drive up government spending, potentially causing tensions with the IMF.
Popular support for the president-elect is likely to fall rapidly if he is unable to deliver on his campaign promises and to create jobs.
The opposition could struggle in opposing the new government in parliament, where the NPP will hold a majority.
Keywords:
Ghana,
AF,
IMF-World Bank,
Kenya,
economy,
industry,
politics,
social,
election,
fiscal,
government,
infrastructure,
opposition,
party,
corruption,
debt
© Oxford Analytica 2019. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2016
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