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Finance Minister Apologizes for Economic Hardships Caused by Debt Exchange Program

Apexnewsgh

Dr. Mohammed Amin Adam, the Minister of Finance, has apologized to Ghanaians for the economic difficulties resulting from the Domestic Debt Exchange Programme (DDEP). Apexnewsgh reports

Speaking at a town hall meeting in Accra on Tuesday, August 6, 2024, Dr. Amin Adam explained that the DDEP was a necessary requirement by the International Monetary Fund (IMF) to restructure Ghana’s debts.

He emphasized that it was not the government’s intention to impose hardships on the people, but rather a crucial decision to ensure the country’s economic recovery.

Dr. Amin Adam highlighted the program’s success, achieving 95% participation, and expressed gratitude to Ghanaians for their support.

The Finance Minister appealed to the public to forgive the government for the difficulties caused by the DDEP, stating that it was a necessary decision to avoid further economic downturn.

He praised the sacrifices made by Ghanaians and thanked them on behalf of the President for their participation in the program, which has contributed to the country’s economic recovery.

Dr. Amin Adam’s apology and explanation aimed to reassure Ghanaians that the government is committed to reducing the burden on its people and working towards economic growth.

Source: Apexnewsgh.com

Ngamegbulam C. S

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