IEA opposes proposal to extend presidential, parliamentary terms to five years

The Institute of Economic Affairs (IEA) has voiced opposition to a proposal to extend the presidential and parliamentary terms in Ghana from four years to five. The institute maintains that the current mandate is sufficient for elected governments to effectively prepare and carry out their policies. Former Chief Justice and IEA Fellow, Justice Sophia Akuffo, emphasized that there is no strong reason to extend the term, arguing that governments should not spend a significant portion of their tenure setting up their administrations.

She also highlighted the delays in appointing key officials, which further reduces the time available for governments to achieve their goals. The debate over the proposed extension should consider both the need for effective policy implementation and democratic accountability. While supporters argue that an extra year could allow for more time to implement long-term plans, opponents believe that shorter electoral cycles foster greater voter accountability.

The IEA suggests that the decision should be tied to strengthening the National Development Planning Commission (NDPC) to ensure continuity in national development agendas.