Despite historical trends of fiscal slippages during election years, ratings agency Fitch is projecting a low risk of policy deviation ahead of the December 2024 elections.
According to the London-based firm, this optimism stems from the current administration’s strong commitment to the International Monetary Fund (IMF) program.
However, uncertainty remains regarding the extent of commitment from any new administration post-elections.
Fitch further projects that Ghana’s primary surplus will reach 0.9% of GDP by 2026, reflecting continued efforts to stabilize and improve the nation’s fiscal health.