Ghana held presidential and parliamentary elections amid hopes for economic recovery following significant financial turmoil. President Akufo-Addo’s tenure is concluding, with Vice President Bawumia and former President Mahama as the primary contenders. Both candidates expressed confidence in winning while there were calm voting conditions overall. Preliminary results are expected soon, with approximately 18.7 million registered voters participating.
On Saturday, Ghanaians participated in a presidential and parliamentary election, hoping for an economic revival after enduring severe financial difficulties, including a significant debt default. President Nana Akufo-Addo will conclude his presidency after serving the constitutionally mandated two terms. Twelve candidates are contending for his position, with the main rivalry between Vice President Mahamudu Bawumia of the New Patriotic Party and former President John Dramani Mahama of the National Democratic Congress.
Former President Mahama, who governed from 2012 to 2016, has emphasized that the current economic challenges are a result of the policies supported by Bawumia. He has pledged to renegotiate the terms of a $3 billion International Monetary Fund (IMF) bailout granted last year to address the nation’s debt. “This is the only election that we can all see the direction of the outcome before we start voting,” Mahama stated after casting his vote in his hometown. He expressed optimism about winning the election.
Vice President Bawumia, a former central banker, also exhibited confidence in his electoral prospects, stating, “By the grace of God, I’m very hopeful of winning this election. I think that we have done a lot of work. We have put our message to the people, I think the message has been well received.” He has underscored the recent economic growth, which saw a notable increase of 6.9% in the second quarter of 2024.
Voting procedures were reportedly calm and peaceful, with jubilant supporters from the NDC celebrating in Accra as initial results indicated favorable outcomes for their party. The electoral commission reported that more than 99% of polling stations operated on schedule, though there were some instances of violence, resulting in one death. Following the closure of polls, election officials began the ballot counting process, with preliminary results anticipated later that night or by Tuesday for the presidential race. Approximately 18.7 million registered voters out of Ghana’s 34 million were eligible to cast their votes.
Ghana is a prominent West African nation known for being the second-largest producer of cocoa and a key player in gold mining. The country has faced a substantial economic downturn, characterized by a severe financial crisis that led to its first debt default in decades. These circumstances have heightened public demand for effective leadership to foster recovery and revive the economy. The transition of power, with President Akufo-Addo stepping down, opens a critical chapter in Ghana’s political landscape as the population elects his successor amidst ongoing economic challenges.
The presidential elections in Ghana signify an important juncture in the nation’s quest for recovery following a major economic crisis. With Vice President Mahamudu Bawumia and former President John Dramani Mahama leading the race, both candidates have showcased confidence in their strategies for improving the economy. As votes are counted, the electoral process has thus far demonstrated a peaceful atmosphere, reflecting a commitment to democratic practices. The outcome will likely shape Ghana’s financial future in the coming years.
Original Source: www.voanews.com
