Audio By Carbonatix
Former New Patriotic Party (NPP) MP, Andrew Egyapa Mercer has conceded that his own government failed to adequately communicate with and carry the Ghanaian public along during the implementation of the Domestic Debt Exchange Programme (DDEP).
Speaking on Newsfile, Mr Mercer described the DDEP period through the words of President Nana Akufo-Addo, acknowledging it was a time of profound difficulty that demanded better public engagement.
While defending the economic necessity of the debt restructuring, Mercer made a striking admission about its political execution.
"His Excellency the President himself has publicly stated that it was one of the darkest periods in his presidency. It created huge difficulties for the people of Ghana,” Mr Mercer said.
He then added the critical self-assessment: “I believe that we probably didn’t carry Ghanaians along sufficiently enough during that period, like the President did during the COVID era.”
This comparison to the COVID-19 communication strategy highlights a perceived gap.
During the pandemic, daily briefings and direct addresses were common, while the complex financial crisis of the DDEP, which eroded savings and investments for many, was not met with the same level of public explanation and dialogue.
Mr Mercer was quick to justify the policy, framing it as a bitter but essential medicine. “But it was necessary. And the effect is what is leading to the reduction in our debt profile today,” he argued, connecting the past hardship directly to the current improved debt sustainability and economic indicators like falling inflation.
Latest Stories
-
Kristo Asafo founder Apostle Kwadwo Safo to be buried on July 30
3 minutes -
GSA shuts down sections of Ashaiman China Mall warehouse over alleged substandard products
8 minutes -
Ghana’s export earnings hit $11.1bn on surging gold prices
47 minutes -
Oil falls after Trump says US will end Iran war ‘very quickly’
55 minutes -
Digital misinformation revives debate over criminalising speech – Pumpuni Asante
1 hour -
Free speech cannot ignore accountability or security in digital age – Kojo Pumpuni Asante
1 hour -
Do not tarnish your legacy – Okuapehemaa cautions Sophia Akuffo amid enstoolment reports
2 hours -
Rule of law must prevail – Kwakye Ofosu defends gov’t position on OSP case
2 hours -
Woman, 24, allegedly attacked during robbery attempt at Akatsi
2 hours -
Dram–Deloitte trial raises cross-border, UK liability questions
2 hours -
OSP’s future may depend on constitutional review – Felix Kwakye Ofosu
2 hours -
Mahama fully backs the OSP – Gov’t rejects secret plot claims
3 hours -
Study urges balanced expectations for agricultural innovations being developed in Ghana
3 hours -
Putin says Russia-China ties at unprecedented level, invites Xi to Russia
3 hours -
Woman dies after falling into uncovered New York City manhole
3 hours