A member of the opposition National Democratic Congress (NDC) Communication team, Chris Dugan says the Minister for Finance, Ken Ofori-Atta has demonstrated insensitivity to bondholders in the rollout of the Domestic Debt Exchange Programme (DDEP).
A former Chief Justice, Sophia Akuffo who joined Pensioner Bondholders to picket at the Ministry of Finance wants the Finance Minister, Ken Ofori-Atta to go back to the drawing board and rework the terms of the Debt Exchange Program.
Sophia Akuffo livid over the inclusion of Pensioners’ investments in the Domestic Debt Exchange programme said: “I’m encouraging people not to sign up to anything, Yes, and if need be we can all go to court”
Pensioner bondholders on Friday pitched camp at the Finance Ministry to picket over the controversial Domestic Debt Exchange Program.
Speaking on Starr FM Weekly Review Show, Mr. Dugan expressed worry over why the government is adamant and is not ready to listen to the cry of Ghanaians.
“Government will not listen; they lost all ideas. We are carrying a heavy load. Do they need a class one person to teach them this, can’t they see. We are crying today, so if a pensioner took a pen and made this analysis where the government is doing help-me-I-help-you policy. And the government is still opening up expenditures. How do you think she will feel”, he bemoaned.
Mr. Dugan added that the NPP caused the current economic hardship by doubling previous funds that were being allocated to Ministries to work with.
“The budget for this year’s expenditure is 82 billion. When the NPP came, they ballooned the budget for the ministries and opened it for corruption. It means that if a ministry is supposed to work with 5 million as a serious ministry, they made it 15 million. Now any money that comes into the government coffers then the ministry takes it to pay off the budget allocated to them”.
“Ken Ofori Atta is a very wicked man; his project is to destroy this country. He started with the Banks and this is where we have gotten to. Can you tell me that the banking cleanups have made any sense or given us any economic benefit that he has done? A clean up that NDC gave them six billion, on the basis of six billion you close the banks and borrow 25 billion. Does that make sense to you, So these are some of the things,” he said.
Source: Ghana/Starrfm.com.gh/103.5FM/Bernice Mensah
