Ghana’s ruling party candidate, Mahamudu Bawumia, has conceded defeat in the presidential election to his opponent, John Dramani Mahama. The concession comes amid an economic crisis and high costs of living. Mahama has promised to address these issues and introduce a 24-hour economy to create jobs.
Bawumia Congratulates Opponent on Winning Presidency
Bawumia Congratulated Mahama on His Win
Mahamudu Bawumia, the vice president of Ghana’s New Patriotic Party (NPP), has conceded defeat in the presidential election to his opponent, John Dramani Mahama. Bawumia congratulated Mahama on his win and stated that “the people have voted for change.”\n\nEconomic Crisis and IMF Deal
Bawumia’s concession comes after he failed to convince voters that the government under outgoing President Nana Akufo-Addo was in control amid an economic crisis and high costs of living. Ghana has defaulted on its debt and agreed to a $3 billion deal with the International Monetary Fund (IMF).\n\nMahama’s Promises for Change
Mahama, who won another term as president, has promised to “reset” Ghana by renegotiating parts of the IMF deal and introducing a 24-hour economy to create jobs. He also plans to address the economic crisis and high costs of living.\n\nOfficial Results and Parliamentary Election
While official results have not been announced, Bawumia conceded defeat ahead of time to ease tensions. He also acknowledged that Mahama’s National Democratic Congress (NDC) won the parliamentary election as well.
