Dr Cassiel Ato Forson, Minority leader
Minority leader Dr Cassiel Ato Forson has predicted that some seventeen banks risk collapsing if the government’s Domestic Debt Exchange Programme (DDEP) goes ahead the way it is being implemented.
He said the programme will rather shift the bankruptcy of the government to individuals and financial institutions, particularly banks.
The former minister made this statement on the floor of Parliament after Finance Minister Ken Ofori-Atta addressed the House about the DDEP.
Ofori-Atta said the programme was critical to the revival of the economy as the country is insolvent due to high levels of debt.
He said despite stiff opposition from some Ghanaians, including pensioners, the programme has been successful as over 1,300 pensioners and individual bondholders have willfully subscribed to it.
But debating the issue, Dr Ato Forson said the programme will impoverish Ghanaians and cripple some banks.
He stated that some “17 banks in the country are at risk as a result of the Domestic Debt Exchange Programme.”
He said despite the government saying persons such as pensioners who didn’t subscribe to the DDEP will be exempted, the Minority Caucus will push for a bill which will prevent the government from touching the funds of pensioners in the programme.
“We won’t allow you to shift the burden to the ordinary Ghanaian,” he said to the Minister who was seated in Parliament.
“There are no contradictions amongst the African masses – only amongst Africa’s elites” – Amilcar…
By Abiola Olawale A two-term Ekiti State Governor and one time minister of Solid Minerals,…
Vice President Professor Naana Jane Opoku-Agyemang issued a soulful call to action, urging Ghanaians to…
*'Why Them, Why Now, Why This Way?'- Chief of Staff Asks Amid Helicopter Crash Grief*…
07/08/25 *On that partly cloudy but dark day,* Carlos Calony and the cameraman of JoyNews…
08/08/25 A nation is wounded in the heart when an unfathomable tragedy befalls. It is…
View Comments
What is SightCare? Sight Care is an amazing supplement that promotes healthy eyesight and reduces dark blindness using natural ingredients.
very informative articles or reviews at this time.
I truly appreciate your technique of writing a blog. I added it to my bookmark site list and will
You're so cool! I don't suppose I have read anything like this before.
So nice to find somebody with unique thoughts on this subject matter.
Seriously.. thank you for starting this up. This site is one
thing that is needed on the internet, someone with a bit of originality!
Erfahrungen mit Medikamente ohne ärztliche Verschreibung korhispana Meteren Freiverkäufliche Medikamente-Produkte in München finden
medicijnen kopen zonder doktersrecept Basics San Rafael
medicijnen kopen voor een effectieve behandeling
Appreciation to my father who informed me on the topic of this webpage,
this webpage is really awesome.
абайдың өнер білім туралы өлеңдері думан марат
салем текст, думан салем текст қаз бен үйрек айырмашылығы,
үйрек туралы мәлімет қойдың көзіне ақ түссе, қой
ауруы исламда
аквамарин прайс, алаколь зоны отдыха с бассейном кобелек скачать ремикс,
кобелек каракесек скачать record race ойын, шайкас ойын туған жер халық әні, туған жер текст
мейрамбек
май колледж караганда, mycollege kz регистрация гол девича
в ворота англии от чего зависит
цена криптовалюты, зависимость
биткоина от доллара ешко
это, ешко отзывы