Audio By Carbonatix
Economist, Professor Peter Quartey, has expressed optimism that the Supreme Court’s verdict of the 2020 election petition will not significantly change the perception of investors.
According to him, investors have consistently reposed confidence in the Ghanaian economy, as revealed in the sale of government bonds, among others.
The Supreme Court, in a unanimous decision on March 3, 2021 declared that President Akufo Addo had validly won the 2020 Presidential election.
But a response to the impact this could have on foreign inflows, Professor Quartey told JOYBUSINESS, the investor community, regardless of election outcomes, have always trusted Ghana’s economic prospects.
“Those who plan to invest will look at other things like growth prospects, demand for their goods, population, macro stability and fiscal stability, so this outcome will not significantly change investor perception”, he pointed out.
He believes Ghana's democracy compared with the rest of the world is among the best and void of post-election violence.
According to Fitch Solutions, Ghana’s Risk/Reward Index is the best, among five top West and Central countries. They are Cameroon, Gabon, Ivory Coast, Nigeria and Ghana.
Ghana’s political index is ranked number one whilst operational and economic index are ranked 2nd and 3rd respectively.
Latest Stories
-
Imagination Africa, Mentors Chess Academy to host second African Genius Chess Championship at Ghud Park
21 minutes -
Nana B passport claims a diversionary tactic — Abu Jinapor
1 hour -
Pope Leo diagnosed with cancer as doctors remove lobe of lung, Vatican says
1 hour -
Legal Aid Commission takes free legal services to Techiman main lorry terminal
1 hour -
Nana B denies seeking passport favour, accuses Ablakwa of failing to account for GH¢16.4m
1 hour -
Young girls demand climate action, stronger protection against child marriage
2 hours -
Ex-gang boss sentenced to 40 years for orchestrating Tupac Shakur’s murder
2 hours -
From near-deferral to three awards: UMaT graduate’s academic journey
2 hours -
Atta Akyea denies seeking presidential pardon for Wontumi in galamsey case
2 hours -
Photos: Mahama commissions 85-bed Police Hospital ward, donates two ambulances
2 hours -
GTEC directs Ghana’s public universities to reopen by October 16 and begin lectures on October 19
2 hours -
Star Oil donates GH¢1million towards construction of new CID facility
3 hours -
Court hands Adjetey Sowah, two others lifetime bans after Amputee Football legal dispute
3 hours -
NDC appoints Julius Kwame Anthony as a Deputy Communications Director
3 hours -
Ghana repatriates 120 Nigerians rescued from suspected cybercrime centres
3 hours