Agreeably, several significances of signing to peace accord in 2020 election in the case of Ghana were undermined. However, it is imperative to state on record that the holistic positive impacts of signing to peace pact concepts in promoting peace, security, and stability before, during, and after election cannot be underestimated. The United Nations in its Chapter VIII (Article 52-54) of its peace pact initiative emphasizes the importance of promoting peace and security through agreement and peace pacts. This approach, per international standard and evidence, has stood the test of time as a key component for ensuring peace, security, and stability especially in an election process, though in the context of Ghana, several significances of the peace pact were undermined in 2020 election. However, the positive psychological impact of the approach cannot be underestimated, as it seeks to reduce high risk of election violence and tension, build trust in the electoral process, and enhance electoral integrity and credibility to foster national unity.