By Edmond Tetteh
Economist Emmnanuel Amoah-Darkwa says the government’s domestic debt exchange comes at a great cost to several organisations and individuals, particularly pensioners.
To him, the only way the government can ameliorate the pain accompanying the domestic debt exchange is for the government to ‘burden share’.
By this, the government can meet those bearing the brunt of the debt exchange programme halfway, by implementing policies that will drastically cut expenditure and spending on insignificant projects.
Mr. Emmanuel Amoah Darkwa was contributing to discussions on the domestic debt exchange programme and its impact on individual bondholders and pensioners on GBC’s current affairs programme ‘Talking Point’, on Sunday, January 22, 2023.
Convener of the ‘Pensioners Bond Holders Forum and Former Director- General of the Securities and Exchange Commission, Adu Anane Antwi, said if the government had done enough consultations on the debt exchange policy before rolling it out, probably all the hullabaloo would not have occurred.
