Decision to include bondholders in Debt Exchange Programme autocratic - Afaglo - Adomonline.com

The Chief Executive Officer (CEO) of Marrer Ghana Limited and Susagtad Boat Building, Novihoho Afaglo, has described government’s inclusion of individual bondholders in the ongoing Debt Exchange programme as autocratic in an environment of growing democracy.

Mr Afaglo said individual Ghanaians should not be made to suffer or carry the burden of incompetent New Patriotic Party leaders who failed to manage the resources trusted into their hands.

He added that Ghanaians should rise and condemn the January 31 decision as deadline proposed by the incompetent Finance Minister, Ken Ofori-Atta, because “enough is enough.”

Mr Afaglo’s anger was to buttress an earlier release issued by the Christian Council and other Ghanaians urging government to suspend the Debt Exchange programme immediately.

He said all indications point to the fact that majority of Ghanaians don’t support the decision and therefore government must rescind it’s decision and look for other alternative ways of absorbing the programme.

The CEO said per the public outcry, the only decision available to government now is to suspend the whole programme .

He called on the government to suspend the programme of including individual bondholders into the Debt Exchange Programme or be prepare to meet a public protest from Ghanaians.