Former President John Mahama has linked the recent death of Dr. Michael Agyekum Addo, CEO of the KAMA Group, to the Domestic Debt Exchange Program (DDEP).
He accused the Akufo-Addo government of causing widespread suffering through its economic policies.
Speaking during a recent campaign trail, Mahama expressed his condolences to the family of the deceased while highlighting the devastating impact of the government’s debt restructuring program on individuals and businesses.
“Dr. Michael Agyekum Addo’s (KAMA Group CEO) death underscores the silent suffering many are enduring because of the Domestic Debt Exchange Program,” Mahama stated.
He argued that the government’s program has created a climate of economic uncertainty and financial hardship, making it increasingly difficult for individuals and businesses to thrive.
According to the former president, the safest place to invest was buying government shares or Treasury Bills but the government’s mishandling of the economy has caused the current financial distress imposing effects on Ghanaians.
He went on to criticize the Akufo-Addo and Bawumia government, accusing them of mismanaging the economy and creating an environment where individuals are forced to bear the brunt of their policies.
“The bad Akufo-Addo, Bawumia government is causing immense suffering for Ghanaians,” Mahama asserted.
Mahama’s remarks come at a time when the deceased, Dr. Michael Agyekum Addo cried on a live television concerning his business downfall and financial suffering due to the Domestic Debt Exchange Program introduced by the government.
Mahama’s comments are likely to fuel the ongoing debate surrounding the government’s economic policies and the need for a more sustainable approach to managing the country’s debt.
