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2 years ago

GHANAIANS BEMOAN FINANCIAL SITUATIONS, SAY US OF A IS HEADING WITHINSIDE THE INCORRECT ROUTE

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2 years ago



 

 

Most Ghanaians say the us of a is heading withinside the incorrect route, a brand new Afrobarometer survey shows.

A massive majority of residents deliver adverse checks of each their non-public dwelling situations and the nation's financial situation, and few are positive that matters will enhance for the duration of the approaching year. Meanwhile, residents’ rankings of the authorities’s overall performance on key financial troubles are overwhelmingly bad.

Citizens’ gloomy outlook aligns with macro-stage signs on Ghana’s suffering financial system in a hard worldwide environment. The us of a is searching for a bailout from the International Monetary Fund in hopes of stabilising the financial system.

Key findings

Almost 9 out of 10 Ghanaians (87%) say the us of a is heading “withinside the incorrect route.” Only 11% see matters going withinside the proper route, a 24 -percent-factor decline in view that 2019 (Figure 1).

Majorities provide bad checks of financial situations (Figure 2):

85?scribe the us of a’s financial situation as “pretty bad” or “very bad,” up from 62% recorded in 2019.

And 72% say their non-public dwelling situations are “pretty bad” or “very bad,”as compared to 58% 3 years ago.

Ghanaians aren't very positive approximately the financial system: Only 25% count on matters to be higher in twelve months’ time (Figure 3).

By massive majorities, residents say the authorities is performing “pretty badly” or “very badly” on preserving charges stable (94%), narrowing profits gaps (92%), enhancing the dwelling requirements of the poor (85%), growing jobs (83%), and coping with the financial system (82%) (Figure 4).

Afrobarometer surveys

Afrobarometer is a pan-African, non-partisan survey studies community that offers dependable statistics on African studies and opinions of democracy, governance, and first-class of life. Eight survey rounds in as much as 39 nations had been finished in view that 1999. Round nine surveys (2021/2022) are presently underway. Afrobarometer’s countrywide companions behavior face-to-face interviews withinside the language of the respondent’s choice.

The Afrobarometer group in Ghana, led with the aid of using the Ghana Center for Democratic Development, interviewed a nationally consultant pattern of 2,four hundred person Ghanaians in April 2022. A pattern of this length yields us of a-stage consequences with a margin of blunders of +/-2 percent factors at a 95% self assurance stage. Previous surveys have been carried out in Ghana in 1999, 2002, 2005, 2008, 2012, 2014, 2017, and 2019.

Charts

Figure 1: Is the us of a going withinside the proper route? | Ghana | 2022

Respondents have been asked: Would you are saying that the us of a goes withinside the incorrect route or going withinside the proper route?

Figure 2: Negative checks of financial situations | Ghana | 2022

Respondents have been asked: In general, how might you describe: The gift financial situation of this us of a? Your very own gift dwelling situations? (% who say “pretty bad” or “very bad”)

Figure 3: Retrospective and potential checks of countrywide financial situations | Ghana | 2022

Respondents have been asked: Looking back, how do you charge financial situations on this us of a as compared to twelve months ago? Looking ahead, do you count on financial situations on this us of a to be higher or worse in twelve months’ time?

Figure 4: Evaluation of authorities’s financial overall performance | Ghana | 2022

Respondents have been asked: How nicely or badly might you are saying the present day authorities is coping with the subsequent matters, or haven’t you heard sufficient to say?

For greater information, please contact:

Ghana Center for Democratic Development

Maame Akua Amoah Twum

Telephone: 0208326343

Email: maameakua@afrobarometer.org

Visit us on line at:

www.cddgh.org www.afrobarometer.org

Follow our releases on #VoicesAfrica.

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