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
-
NPP’s 2024 Bolgatanga Central Parliamentary Candidate elected Upper East Regional Chairman
8 minutes -
Incumbent Northern NPP Chair wins as new faces break through in party executive elections
12 minutes -
Former Health Minister Okoe Boye elected NPP Greater Accra Regional Chair
27 minutes -
Joseph Kobinah Esibu elected NPP Central Regional Chairman
37 minutes -
Fernandez booed by Chelsea fans as Alonso offers glimpse of blueprint
45 minutes -
PSG sign World Cup winner Torres from Barcelona
53 minutes -
Odeneho Kwaku Appiah beats former EPA boss Kokofu, to emerge NPP Ashanti chair
57 minutes -
TDC defends statutory mandate, says its authority to develop Tema predates TMA
59 minutes -
Ignatius Kwesi Afrifa elected NPP Western Regional Chairman
1 hour -
Galamsey will be a key issue for NPP’s 2028 campaign – Annoh-Dompreh
1 hour -
Makafui Woanyah retains NPP Volta Regional Chairmanship
1 hour -
Ghana Law Society announces maiden annual Bar conference for September 30
1 hour -
Abronye DC retains NPP Bono Regional chairmanship
2 hours -
NSMQ 2026: Check out the 147 schools battling in 49 preliminary contests
2 hours -
NPP rebuilding to reclaim parliamentary seats lost in 2024 – Annoh-Dompreh
2 hours