Ranking Member of the Energy Committee and spokesperson on the economy for the NDC, John Jinapor, has said that for the first time in history, Ghana has defaulted on its international debt obligations. According to him, the country has defaulted on both the internal and external sectors to the extent that domestic bonds cannot be serviced. He added that claims made by the NPP's flagbearer , that he will upgrade the economy cannot be realized. "For the first time in the history of Ghana, we are defaulting on our international debt obligations. We are so broke that we cannot even service domestic bonds. The external sector is where you see a country's vulnerability because it cannot be manipulated; as for the internal sector, since the government has authority over its monetary policy, it can usually manage it. "We have defaulted on both sides; even pensioners had to queue and picket.