Domestic Debt Exchange Programme (DDEP)

We Can Go Back And Increase Elevy To 4% And Forget About DDEP- Paul Opoku
13 Feb

We Can Go Back And Increase Elevy To 4% And Forget About DDEP- Paul Opoku

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First Vice chairman for Dome Kwabenya constituency, Paul Opoku, says government should return to E-levy and increase it by 4% and forget the Domestic Debt Exchange Project. Speaking in an interview with Kwaku Dawuro, on Movement In The Morning, on Movement TV/Wontumi radio, Paul noted that the government should resort to the the E-levy since the Domestic Debt Exchange Program(DDEP) is being opposed by Ghanaians. According to him government can find other ways of generating funds from the citizens. He said that ''There could be other ways we can mitigate pensioneers because thanks to Ghana card, there is availability of…
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The Country Will Have A Challenge Without The Debt Exchange Programme- Kafui Amega
10 Feb

The Country Will Have A Challenge Without The Debt Exchange Programme- Kafui Amega

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Communication team member of the New Patriotic Party, Kafui Amega, has voiced out his reservations in relation to the debt exchange programme despite praising it as one of the solutions to Ghana's problems. Speaking in an interview with Kwaku Dawuro, on Movement In The Morning, on Movement TV/Wontumi radio radio, Kafui Amega stated that, in as much as the Debt Exchange program is a great initiative, the approach to it was wrong, hence leading us to the state the economy is in currently. He noted that ''Kwaku the issue is, i have a reservation about the Debt Exchange Programme. It…
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Appear Before Parliament Over DDEP – Speaker Tells Finance Minister
08 Feb

Appear Before Parliament Over DDEP – Speaker Tells Finance Minister

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The Speaker of Parliament, Alban Bagbin has said the Minister of Finance Ken Ofori-Atta must be scheduled by the business committee as early as possible over the Domestic Debt Exchange programme (DDEP). The speaker said that must be done quickly as the issue is an urgent matter because the pensioners are picketing at the Ministry of Finance. He prosed 14th February, 2023 for the appearance of the Minister. “Honourable Members, my understanding is that both sides agree that the Minister be scheduled to come and brief the House on the policy statement and some details about the debt arrangement …Parliament has spoken that is…
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Full Text: Finance Minister’s Speech On DDEP Deadline Eve
07 Feb

Full Text: Finance Minister’s Speech On DDEP Deadline Eve

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Finance Minister Ken Ofori-Atta addressed the nation on Monday recommending that bondholders accept the Domestic Debt Exchange Programme (DDEP) otherwise, reviving the economy will be a Herculean task for Akufo-Addo’s government. He stated that Tuesday, February 7, 2023, deadline for signing up for the Programme will not be extended. Read his full speech below; Good Evening Ladies and Gentlemen: On Monday5thDecember,2022, Government launched the Ghana Domestic Debt Exchange Programme as part of a broader response to recent macroeconomic challenges. At that time, we indicated that the Debt Exchange Programme had been informed by the Debt Sustainability Analysis which revealed that:…
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