Gov’t decision on DDEP affecting pensioners not good – Razak Kojo

Mr Razak Kojo Opoku, a member of the New Patriotic Party (NPP) has stated that the Domestic Debt Exchange Programme (DDEP) affecting the Funds of Pensioners (that is, Pension Fund) is not a good decision by the Government and the Ministry of Finance.

According to him, it is important the Government takes the welfare of Pensioners seriously because the majority of the country’s pensioners are part of the vulnerable group in society.”

“The Akufo-Addo government really needs to be more serious and improve its performance to the satisfaction of the Ghanaian voters before the 2024 elections.”

He argued the Government and the Ministry of Finance should not be allowed to singlehandedly make economic decisions especially the imposition of Nuisance Taxes and the ongoing DDEP under the difficult economic situation in the Country.

“Moving forward, there is the urgent need for the Government to daily and frequently consult the Party’s hierarchy before taking any major economic decision,” he said.

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In a statement, Razak Kojo Opoku stated that Ghanaian voters will mark the scripts of the NPP, the NDC, and other opposition political parties and independent Presidential candidates on 7th December 2024.

“Which party and candidate will be able to secure the pass mark of 50%+1 with a majority in Parliament in the 2024 general election,” he quizzed.

He said there is a need for more work to be done by the NPP government to merit the approval of the Ghanaian voters.

“The floating Ghanaian voter is not like Party’s Delegate or Foot soldier who will be with the party whether wrong or right and whether good or bad largely due to blind loyalty, where personal interest takes supremacy over the national interest.”

He said winning 2024 is not by mouth but by evidence of work done across all sectors measured by what was promised by the government compared to the delivery of the government in changing or transforming the lives of the Ghanaian people.

“The ruling government has done well in some aspects and equally failed in some areas which some Ghanaians are not happy with the government.

“The inability of the ruling government to perform will definitely undermine the chances of NPP from getting the 50%+1 pass mark.

“It is out of naivety to downplay the chances of the NDC ahead of the 2024 general elections”.

The statement said the NDC lost the 2016 elections with 44.6 per cent and a deficit of 63 Parliamentary seats. Within four years they came back strongly to attain 47. 36% with 137 Members of Parliament (Hung Parliament for the first time since the 4th Republican Constitution).

“The NDC subsequently defeated NPP in Parliament with the election of Speaker Alban Bagbin as the Speaker of Parliament”.

It said ahead of the 2024 elections, the ruling government and party had a lot of work to do if indeed they were serious to cross the 8-year cycle of change of government since 1992.

“The ruling NPP should be advised not to put all their hopes on the $3 billion IMF loan as the panacea for winning the 2024 elections because all the money will not hit the account of Ghana before the 2024 elections.

“We have to be guided by the 2015 IMF deal secured by John Mahama. The NDC then thought that with the IMF deal, the 2016 election was a done deal for them, but we all are aware of the massive humiliating defeat they suffered in our hands in the 2016 general election”.

The statement said Ghanaian voters were becoming more conscious, critical, sophisticated, concerned, discerning and rational with their evaluations and judgments.

DDEPpension fundPensioners