03
Feb
Former Chief Executive Officer of the National Pensions Regulatory Authority (NPRA), Dr. Daniel Seddoh, says the argument that government would not be able to meet its financial obligations without a debt exchange does not hold water. According to him, the argument is flawed on the basis that citizens continue to pay taxes to government and economic activity is constantly being generated, thus government would consequently be able to generate revenue. “We should be careful raising that argument except you’re saying that we’ve stopped paying taxes, except you’re saying we’ve stopped generating economic activity,” he said on JoyNews’ PM Express Business…