Deloitte: Ghana’s economy, citizen welfare will influence December polls

Ghana's upcoming elections would heavily hinge on economic conditions and citizens' well-being, according to Deloitte's August 2024 report.

The firm notes that while Ghana’s economy shows stronger growth potential than Nigeria’s, with a 4.7% expansion in early 2024, risks like high inflation and interest rates threaten stability.

Voters will closely scrutinize campaign promises amid ongoing debt restructuring and challenges in key sectors like cocoa production.

Despite current hurdles, a more robust recovery is expected by 2025, fueled by decreasing consumer prices, lower interest rates, and boosted mining output.