• Mon. Aug 15th, 2022

Party dues account for less than 1% of political campaign funds – CDD-Ghana

ByEditor

Feb 3, 2022 , , ,

Political party membership dues or subscriptions account for less than 1% of cash spent for party campaign operations, according to a study by the Centre for Democratic Development Ghana (CDD-Ghana).

According to the study, the less than 1% contribution to campaign money contradicts the over 50% income reported to the Electoral Commission by the New Patriotic Party (NPP) and the National Democratic Congress (NDC) (EC).

People with special interests made the largest contribution, according to CDD-Ghana, “especially business people who support the party and politicians at various levels in exchange for contracts, contacts, positions, and protection of firms from governmental intervention or clampdown.”

“Cash contributions from special interests and commercial financiers in support of a presidential candidate varied from GH40,000 to GH11.5 million ($2 million),” according to the report.

However, the CDD-Ghana pointed out that parliamentary elections were primarily supported by personal funds of aspiring lawmakers (MPs).

“The study indicated that the majority of candidates standing for office as MPs get their finance from personal savings and loans,” according to CDD-Ghana.

It went on to say that the majority of past hopefuls and current MPs have stated that they are in debt as a result of the hefty expense of running a campaign.

“During the fieldwork and validation sessions, at least 8 out of 10 former aspirants and current MPs told our researchers that the high cost of financing their campaign before, during, and after the election, as well as when they win the election and are serving as MPs or after they leave office,” the report added.

Leave a Reply

Your email address will not be published.