The main presidential candidates and their parties in Ghana’s upcoming election appear to be committed to restoring fiscal discipline and getting inflation under control. That said, the opposition NDC, which currently appears on course to take power, is proposing a more populist and interventionist approach to policy than the incumbent NPP. Regardless of who wins, we expect Ghana’s economic recovery to continue and forecast above-consensus GDP growth of 5.5% over the course of 2025-26.
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