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DDEP Treat The Elderly With Respect - Nyaho - Tamakloe Advises Ofori - Atta

Fri, 17 Feb 2023 Source: Alby News Ghana

Statesman and founding member of the ruling New Patriotic Party, Dr. Nyaho Nyaho-Tamakloe, has admitted that he warned Ghanaians about the Akufo-Addo led NPP but that they disregarded him and gave them their support.

He claimed that although he had foretold the nation’s current problems and lamented them, “nobody seems to heed, and here we are where we are today.”

In response to pensioners protesting outside the Ministry of Finance, the statesman said, “To Ken Ofori-Atta, I will only say one thing, he must know that he is dealing with people who are not at all his because they are demanding a complete exemption of their investments from the Domestic Debt Exchange Program.

“They are elderly folks, and as Sophia mentioned, he is not treating them with respect, and he should know the consequences,” he remarked on Happy FM.

His comments comes in the wake of the nation’s economic challenges, which also include the depreciating cedi, ongoing IMF talks, and pay and spending cuts to free up funding.

“What else, besides pride, prevents the Minister of Finance, Ken Ofori-Atta, from writing to elderly bondholders to inform them of the status of their government bonds in regard to their request for an exemption from the Domestic Debt Exchange Programme (DDEP)?”

She stressed that holders of pensioner bonds have written to the Finance Ministry requesting a complete exemption from the government’s Domestic Debt Exchange Programme (DDEP), but as of right now, they have not even had a letter of acknowledgement or a written response.

She questioned why, since other organizations had sent letters to the Finance Ministry on a related subject after the pensioners had those organisations had already heard back from the minister in writing while the pensioners had not.

Source: Alby News Ghana