Electioneering has already begun for the Presidential and parliamentary elections due on 7th November 2016. Current President John Mahama is seeking a second term and making election promises of creating “millions of jobs”. He continues: “Indeed, the next term of office will see a massive investment in the real sector. In the first term as president, I have been engrossed with trying to ensure macroeconomic stability and restoring the social and economic infrastructure. That has been my focus in the first term. The second term is going to see massive investment in the real sector and that is the sector that creates jobs across the country.” Economic watchers say that it is important that continued fiscal consolidation progress is made, as well as steps to avoid ritual election year budget overruns. Peaceful and credible elections are vital for continued stability and economic growth.