The former National Chairman of the largest opposition (NDC) has asserted that the NPP government, under as the head of the Economic Management Team, has established the most expensive haircut in Ghana.

President Akufo-Addo and Vice President Dr.

Bawumia's administration undertook a Domestic Debt Exchange Program (DDEP) to meet IMF conditionalities as part of the government's effort to reduce the country's debt-to-GDP ratio.

This led to a haircut on many Ghanaians' savings and investments.