The Caucus for Democratic Governance (CDG-GH) has in a press release outlines the dangerous economic implications of the government’s Domestic Debt Exchange Programme (DDEP). According to the Political think-tank, the implications of the programme which was birthed as a result of the government’s poor management of the Ghanaian economy, reckless borrowing and corruption are creating … Read more
Minister of Finance Ken Ofori Atta has given the strongest hint, yet that pensioners will not be included in the revised Domestic Debt Exchange Programme (DDEP). “As I’ve said, our main concern is that, as in any society, we don’t want a society that doesn’t protect the elderly,” he said in his opening remarks before … Read more
The Minority Spokesperson on Finance, Dr. Cassiel Ato Forson, has predicted the collapse of some five commercial banks in the country should the government undertake its proposed Domestic Debt Exchange Programme. He attributes the prediction to the lack of liquidity support for these banks, which have been locked up in government bonds. Dr. Ato Forson … Read more