Sovereign Analysis / Ghana

Ghana: Slow pace of fiscal consolidation a key risk post-election

  • Elections, now only two months away, will be a contest between incumbent Nana Akufo-Addo and ex-president Mahama
  • Ghana has been hit hard by the pandemic while policy space is becoming limited, posing a challenge for whoever wins
  • The plan to take four years to return the fiscal deficit to pre-Covid levels seems less ambitious than most
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