Election petition verdict will not change investor perception – says Prof Quartey

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Prof Peter Quartey

Economist Prof Peter Quartey is confident the Supreme Court’s verdict of the 2020 election petition will not significantly change the perception of investors.

He said that investors have consistently reposed confidence in the Ghanaian economy, as revealed in the sale of the government bonds, among other things.

In an interview with the media on the impact of the verdict on foreign inflows, Prof Quartey disclosed that 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.

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In his view, 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 African 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.

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