As Ghana’s presidential elections fast approaches, Goodman AMC makes an in-depth analysis of each candidate’s proposed economic policies and their macroeconomic impact in 2017. This research briefing describes how major factors gives an insight to diverging economic trajectories under a Mahama or an Akufo-Addo administration.
The proposed monetary policy for the National Democratic Congress (NDC) is centered on national debt reduction, expanding infrastructure and job creation within the private sector. Recently the NDC party has been construed as being a precursor to higher taxation and the tightening of government spending.
Comparatively, the monetary policy objectives for the New Patriotic Party (NPP) are centered on public sector job creation and increased government spending. NPP governmental policy also supports business-friendly legislation and legislation concerning issues such as universal education entitlements and extensive public work projects.
This scenario analysis provides a thorough and undeviating system for forecasting macroeconomic activities under either an Akufo-Addo or a Mahama presidency.
Goodman AMC is an independent advisory firm with no political affiliation.
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