Mahama reacts to Sophia Akuffo’s debt exchange outburst

Former President John Dramani Mahama has placed blame for the current economic difficulties facing the country on the “arrogance” of the current president, Nana Akufo-Addo, as well as the “incompetence” of the current finance minister, Ken Ofori-Atta. Mahama made these comments in a recent interview.

In a message that he published on Facebook on Friday, he indicated that the present difficulties might have been averted if the administration had attended to prior requests for a national conversation. He was referring to pleas that had been made in the past.

The statement made by Mr. Mahama comes after the former Chief Justice was seen picketing the Finance Ministry with irate pensioners, requesting that investments made by retirees be spared from the government’s debt swap scheme.

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She raised a sign that said, “We depend on the yields on our bonds to pay our rent, medical costs, power bills, and water bills.” The inscription was written on the sign.

The initiative was criticized by Madam Akuffo for being unethical and illegal.

In response to this, the former president stated that the administration was responsible for the current predicament that it finds itself in.

According to him, when the state of the economy first began to deteriorate, he was among those who emphasized the necessity of reaching a consensus in order to assist in salvaging the situation.

However, what he had to say was completely ignored, which is what led to the broad, continuous unrest in the public and the bleak prognosis for the economy.

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“When I saw that we were heading for a financial cliff, I issued many pleas for an open conversation and a national agreement on an economic plan.”

“We are in this predicament as a direct result of the conceit and obstinacy of the President, as well as the ineptitude of the Finance Minister and the Economic Management Team.”

According to a piece that Mr. Mahama penned, “We might have built a wide non-partisan agreement on the IMF rescue and related debt restructuring scheme.”

“Unfortunately, it looks like it’s too late now!” the former president said after that.

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