Audio By Carbonatix
The NDC Caucus in Parliament is set to embark on nationwide roadshows to foster a deeper understanding of the Debt Exchange Programme.
The Programme is a government initiative seeking to classify domestic bonds into four categories to create fiscal space as part of preparations to qualify Ghana for an International Monetary Fund facility.
Among other things, the roadshows would rally Ghanaians to demand a more favorable resolution to the alleged "unprecedented economic crisis the Vice President Mahamudu Bawumia-led Economic Management team" has plunged the country into.
Addressing a press conference in Parliament, in Accra on Monday, Mr Haruna Iddrisu, the National Democratic Congress (NDC) Minority Leader, said: "The inclusion of individual bondholders in the Domestic Debt Exchange is the biggest transfer of funds from the pockets of Ghanaians to the government.”
“This will leave affected persons, mainly the middle class, improvised while worsening the plight of the poor. This must immediately be stopped.”
"We wish to take this opportunity to indicate our intention to embark on nationwide roadshows to foster a deeper understanding of this matter and rally Ghanaians to demand a more favorable resolution of the economic crisis.”
Mr Iddrisu, the Member of Parliament for Tamale South, called on President Akufo-Addo to suspend the ongoing Domestic Debt Exchange Programme.
He also urged the President to engage in more comprehensive consultations on the matter with all stakeholders and the Ghanaian people.
Meanwhile, the Government on Monday announced an extension of the Debt Exchange Programme to Tuesday, January 31, 2023
Latest Stories
-
Fire destroys ten container shops at Tadisco Down, Takoradi
7 minutes -
Gov’t secures $200m World Bank funding to end double-track system – Education Minister
36 minutes -
Interior Minister assures Bono Region of enhanced security at NSB command opening
1 hour -
Japan steps up support for Ghana’s rice value chain as challenges mount
2 hours -
Nigeria adopts e-pharmacy 3 years after Ghana’s ground-breaking launch
2 hours -
Sarkodie, King Promise, Kweku Smoke and Asakaa Boys headline Music Is My Life Concert 2026
2 hours -
One dead, three in critical condition after another accident on Nkwanta-Kpassa road
2 hours -
Chronic water shortages dampen holiday mood in Tanzania’s biggest city
3 hours -
Ghana Basketball Association President praises ABF 2025
3 hours -
Urgent Appeal: Family seeks GH¢210,840 to save young woman battling life-threatening brain haemorrhage
3 hours -
Volta Regional Minister assures residents of crime-free yuletide
3 hours -
GOC secures financial support ahead of 2026 Commonwealth Games
3 hours -
AMA to maintain toll collection and 24-hour sanitation drive during festive season
3 hours -
Government to reform cultural, creative sector policies
3 hours -
Obuasi Bitters CEO donates to over 1,000 widows and vulnerable groups in Obuasi
3 hours
