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 administrationโs 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 Ghanaโs primary surplus will reach 0.9% of GDP by 2026, reflecting continued efforts to stabilize and improve the nationโs fiscal health.