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Election 2024: Fitch predicts low fiscal slippages

byEmmanuel Oppong
August 5, 2024
Reading Time: 1 min read
FILE PHOTO: The Fitch Ratings logo is seen at their offices at Canary Wharf financial district in London,Britain, March 3, 2016.  REUTERS/Reinhard Krause/File Photo

FILE PHOTO: The Fitch Ratings logo is seen at their offices at Canary Wharf financial district in London,Britain, March 3, 2016. REUTERS/Reinhard Krause/File Photo

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Despite historical trends of fiscal slippages during election years, ratings agency, Fitch is projecting that there is a low risk of policy deviation ahead of the December 2024 elections. 

According to the London-based firm, this optimism is based on the current administration’s strong commitment to the International Monetary Fund (IMF) programme.

However, uncertainty remains regarding the extent of commitment from any new administration post-elections.

It 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. 

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Tags: 2024 pollsFitchGhana News
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