Election 2024: Fitch predicts low fiscal slippages

Despite historical trends of fiscal slippages during election years, ratings agency, Fitch is projecting that there is a low risk of policy deviation ahead of the December 2024 elections.

According to the London-based firm, this optimism is based on the current administrationโ€™s strong commitment to the International Monetary Fund (IMF) programme.

However, uncertainty remains regarding the extent of commitment from any new administration post-elections.

It further projects that Ghanaโ€™s primary surplus will reach 0.9% of GDP by 2026, reflecting continued efforts to stabilize and improve the nationโ€™s fiscal health.

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