The opposition National Democratic Congress (NDC) has said that the 2020 re-election prediction for Akufo-Addo by the Economist Intelligence Unit (EIU) in its latest report is wrong.
The EIU report released on May 13 predicts that the New Patriotic Party (NPP) will secure victory in the 2020 election.
But reacting to the report the NDC said, " Having done an objective and dispassionate analysis of the latest EIU report on Ghana, the NDC comes to the obvious conclusion, that the EIU has largely gotten their latest prediction of Ghana’s 2020 general election wrong."
The following are the key points in NDC’s rebuttal.
- The EIU’s prediction on the latest economic growth in Ghana is based on growth “driven predominantly by the oil and gas sector.”
According to the NDC, the growth which the EIU bases its prediction on is due to the huge investments in Ghana’s oil sector by the erstwhile Mahama administration. But they conclude that unlike some industrialised jurisdictions, Ghana’s current economic growth, which is largely oil-driven, does not reflect in the lives of many Ghanaians and so it will have little impact on the outcome of the 2020 polls.
The NDC contends that the key issue for the Ghanaian voter in 2020 will be whether or not his or her living conditions have improved or deteriorated under the four-year reign of President Addo Dankwa Akufo-Addo and not based on an oil-driven growth which they cannot see or feel.
The fact is that the economic reality of Ghanaians continues to worsen under President Akufo-Addo, NDC states. According to the party, over the last two years, the living conditions of the vast majority of Ghanaians have deteriorated due to a high and unbearable cost of living occasioned by steep increments in the price of fuel, hefty taxes, and rising food and commodity prices among others.
- Also, the EIU says “Nana Akufo-Addo, and his NPP will see the country’s economic situation generally improve during the remainder of their terms of office. They conclude that that it will be difficult for the NDC under Mr John Mahama to portray itself as the better custodian of Ghana’s economy, especially as the country’s growth outlook is fairly strong.”
The NDC rebuts that the assumption is patently false. The facts show, according to the NDC, that the record of John Mahama relative to the management of Ghana’s economy is far superior to that of our current handlers. The opposition party points to what they claim to be John Mahama’s unprecedented investments in capital projects. The party states that posterity has judged John Mahama well, and discerning Ghanaians are yearning for his return. Through effective communication, this story will be told and we are very optimistic that Ghanaians will choose John Mahama over President Akufo-Addo in 2020.
- The EIU also stated in its report that if the NDC can present a coherent opposition and hold the NPP to account on unfulfilled campaign promises particularly on job creation and industrialisation, where progress has been generally slow and success patchy, the election could be closely contested.”
NDC’s rebuttal spins this conclusion and says that what the EIU is saying, in other words, is that the NDC can win the 2020 election if they present themselves as a better alternative and capitalise on the failed promises of the Akufo-Addo government.
“Indeed, the NDC has and will continue to expose the failed promises and deceptions of the NPP government. President Akufo-Addo has flattered to deceived the Ghanaian people on all his major campaign promises such as One Village One Dam, One Million Dollars per Constituency every year, One District One Factory, construction of 350 Senior High Schools from scratch in his first 18 months in power, payment of contractors within first 100 days, and the promise to protect the public purse among others. As a matter of fact, one thing that stood out in the report as the only notable achievement of President Akufo-Addo is his oversized government of 110 ministers (now 122 ministers), who continue to dissipate the scarce resources of this country, while offering very few opportunities to the masses.”