The 2020 parliamentary candidate for the National Democratic Congress (NDC) in the Nhyiaeso Constituency, Richard Prah has accused the New Patriotic Party (NPP) administration under Akufo-Addoof of being clueless and inept.
Speaking on Kumasi-based Ultimate FM, Richard Prah was shocked that in spite of the agitation that has met the debt exchange program by Labour, civil society groups, and individual bondholders, the government is still determined to push through its original position without listening to sane voices.
“If I say this government is clueless, I am even charitable. They don’t understand what is happening in this country. They don’t care what will happen to the people whose investment you are to use in a domestic program. They have refused to listen to them”, he observed.
The government has had to set up a technical committee to engage individual bondholders on their investment in its bonds after widespread agitation.
Richard Prah believes this should have even been the point before setting out to put information out there about the program.
“These engagements by the Finance Minister and his team should have been the first thing done even before the announcement and other things being done, so why now” he questioned.
The government has had a tough time with its domestic debt exchange program with the deadline elapsing without favourable responses from local investors which include pensioners, rural banks, and investment firms among others.