Business News of Friday, 5 March 2021Source: www.ghanaweb.comSupreme Court verdict: Credibility key to economic growth – Prof. QuarteyProfessor Peter Quartey, EconomistEconomist Professor Peter Quartey has stated that the credibility of every election is significant because it has the potential to either boost the economy or shrink it. The court said it has dismissed the case as it has no merit. According to the Petitioner, there were some errors in the election results declared by the first respondent Mrs Jean Mensa who is the chairperson of the Electoral Commission of Ghana. Commenting on the implications of the court verdict on the economy, Prof. Peter Quartey stated that: “in every matured democracy the integrity of the election affects the outcome and then when that happens people have confidence in the Economy, people can invest, they can plan and put resources to promote economic activities. This outcome will not significantly change investor perception,” he said.

Source: GhanaWeb March 05, 2021 13:18 UTC