EIU projection is exciting but NDC won’t be complacent – Malik Basintale

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A Deputy Communications Officer of the National Democratic Congress (NDC) Malik Basintale has said that the NDC is not going to be complacent following the favorable projections it has received going into the 2024 general elections.

He said that the party would continue working hard to ensure victory.

His comments come on the heels of the projection by the Economist Intelligence Unit (EIU) which predicted victory for the main opposition party with Former President John Dramani Mahama as its flagbearer in the 2024 general elections.

This is largely driven by declining living standards, limited job opportunities, and poor public services, the EIU said.

Ghana is likely to experience a transfer of power from the ruling New Patriotic Party to the opposition National Democratic Congress, largely driven by declining living standards, limited job opportunities and poor public services,” the EIU explained.

Commenting on this on the News 360 on TV3 Friday, November 17, Malik Basintale said “It is quite exciting without any iota of complacency, we think that a report of this nature only coming to encourage us as a political party to keep doing our best.

“If you look at the basis that was used in arriving at this particular conclusion, it is not different from what the Ghanaian people are currently feeling in this country.”

In its 2024 forecast for Africa, the research and analysis division of The Economist Group said “In South Africa, we expect the African National Congress (ANC), led by Cyril Ramaphosa, the country’s president, to win the legislative election in 2024 by a narrow margin, but there is a strong possibility that the party will fall short of the 50% mark needed for a majority.

“Under such circumstances, the ANC will try to co-opt some smaller parties, rather than the main opposition groups, to stay in power. The probability of a coalition will continue to rise as enduring socioeconomic challenges erode the ANC’s support.

“An ongoing authoritarian crackdown in Tunisia will see the incumbent win a carefully managed presidential election in 2024, prompting further civil unrest.”

The EIU further forecasts that Africa will be the world’s second-fastest-growing major region in 2024, just behind Asia, which will be propelled by China and India.

It said almost all African states will post a positive growth story, with war torn Sudan and struggling, Equatorial Guinea the only economies that look set to contract in 2024. Indeed, 12 of the world’s 20 fastest-growing economies in 2024 will be in Africa, and African real GDP is forecast to grow by 3.2% in 2024, up from 2.6% in 2023.

East Africa, encompassing EthiopiaKenyaUgandaRwandaTanzania and the DRC, will
once again prove to be the most dynamic part of the continent in terms of economic growth. The services sector will continue to play a major role in driving the economies of East Africa, including resurgent travel, tourism and hospitality, resilient transport and logistics, and vibrant financial and telecommunications industries.

Source: 3news.com

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