Nana Yaa Jantuah, General Secretary of the Convention People’s Party (CPP), has described the present Akufo-Addo administration’s output as a complete and utter failure.
Speaking on UTV, the CPP executive stated that the current regime, led by the New Patriotic Party’s Nana Addo Dankwa Akufo-Addo, is ruling the country like F9 students, while individuals who can be chosen to work towards economic liberation have been stymied.
“F9 students are ruling this country and the A1s are sitting on the bench
“Someone who has led the country to this point, how else can we grade him? If his performance was taken to WAEC to be graded using the WASSCE scale, what do you think his performance would have been?
Concerning the Domestic Debt Exchange Programme (DDEP) that the government is instituting, she stated that the country is experiencing significant economic difficulties as a result of some rulings made by government elements.
According to Nana Yaa Jantuah, the Finance Minister is being kept while others in the NPP who are knowledgeable and capable of reviving the economy have been pushed aside.
“It does not matter your relationship with the person, whether or not the person is liked, if you are able to cross carpets into other parties to pick and appoint people who will help solve Ghana’s problems, it’ll be good.
“One person I have constantly listened to addressing issues of economic importance is Mark Assibey-Yeboah and he is good. Why can’t the president take him to the finance ministry to replace Ken Ofori-Atta?” she further asked.
On December 5, 2022, the Ghanaian government introduced the Domestic Debt Exchange Programme, an invitation to exchange the government’s domestic notes and bonds for a package of new bonds.
The move is intended to assist the government in restructuring GH137 billion of its domestic debts in order to demonstrate to the International Monetary Fund (IMF) that its debts are viable and thus qualify for the $3 billion bailout sought from the fund.
However, the government has been forced to lengthen the program’s cutoff date because of resistance from individuals and entities who will be affected, including individual bondholders and some labor unions. The new deadline has been set for February 7, 2023.
