Ghanaian economist, Kwame Pianim has vowed not to subscribe to government's controversial Domestic Debt Exchange programme.

According to the statesman, he would have gladly complied to help restore Ghana’s fortunes if Ken Ofori-Atta was not at the helm of the Finance Ministry.

“I would have been proud to contribute as Ghanaian but I will not contribute one pesewa for Ken Ofori-Atta leading this, he led us into a gutter," Mr Pianim said.

Speaking in an interview on Accra-based TV3, he called on Ken Ofori-Atta to render an apology for the doom he has caused Ghanaians.

He further argued that instead of Mr. Ofori-Atta merely expanding on the programme during his recent address, he should have "said I apologize, this is the result of economic mismanagement, I apologize to Ghanaian people."

"Look, there are pensioners who have put their resources into government bonds, you’re asking them, I am not going to pay, Look at the exchange programme, and think about it carefully when you talking to your colleagues," he added.

"Ken is saying I’m not going to pay any interest on this year’s while I’m Minister of Finance and President is still president".

The economist did not end there. He expressed worry about the path the New Patriotic Party (NPP) is going if the current situation persists.

The party, according to Kwame Pianim, is digging its grave if it does not push Akufo-Addo to remove Ken Ofori-Atta from the post of Finance Minister.

"The IMF $3 billion that they are going to give us, I want them to frontload it so that I chop it before I go, is that genuine?  Are you serious that this is genuine? If Ken Ofori-Atta continues to be the Finance Minister this government will go down," he said.