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Mahamudu Bawumia vows to fight unemployment with a digital economy

Highlights
  • Ghana held a presidential election where John Dramani Mahama emerged as the winner with 56.5% of the votes.
  • The election results reflect public dissatisfaction with the current government's handling of the economy, leading to Mahama's victory.
  • Mahama’s win is expected to initiate significant changes in policy and governance in Ghana in response to economic challenges.
Story

In Ghana, former President John Dramani Mahama was declared the victor of the recent presidential election held amid significant economic challenges. Mahama, who had served as president from 2012 to 2017, secured 56.5% of the votes, amounting to approximately 6.3 million votes, as reported by the electoral commission. His closest rival, Vice President Mahamudu Bawumia, conceded defeat with 41% of the votes cast. The election saw a turnout of over 60%, reflecting widespread voter participation, particularly among the youth unhappy with the current economic climate. The election comes at a critical time for Ghana, which is experiencing its worst cost-of-living crisis in a generation. Economic dissatisfaction among voters predominantly influenced their choices, exhibited in Mahama's campaign promises aimed at economic revitalization and addressing basic needs such as housing, healthcare, and employment. His victory represents a broader trend in global elections where opposition parties are gaining favor against long-standing incumbents. Following the announcement of the election results, celebrations erupted among Mahama's supporters in the capital, Accra, indicating a strong desire for change. The consequences of this election extend beyond Mahama's presidency, as his party, the National Democratic Congress (NDC), also secured a parliamentary majority. This shift signals a significant potential for legislative changes that could accompany his leadership, reversing the policies of the outgoing administration led by President Nana Akufo-Addo. However, Mahama's past tenure is under scrutiny, particularly regarding the electricity crisis Ghana faced during his rule from 2014 to 2017. Critics highlight that his previous administration's failures raise doubts about his ability to effectively manage the current economic crisis. The upcoming government will need to navigate a delicate balance of fulfilling campaign promises while addressing a challenging financial landscape, including an IMF-backed recovery program that demands both increased revenue and reduced expenditures. The prioritization of economic growth remains an urgent matter for many Ghanaians reflecting their election choice, emphasizing the critical role of economic management in Ghana's future stability and prosperity.

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