
From market woman to Nobel laureate: Meet the faces on the Heritage Series cedi notes
5 mins read
16th January 2023 1:40:05 PM
1 min readBy: Chris Kodo

Joyce Bawah Mogtari, a special aide to former president John Dramani Mahama, has accused the government of damaging Ghanaians' well-earned investments.
She claims that the domestic debt swap program, which the government plans to implement by the end of January this year, is how the government is collecting money from bondholders and investors.
According to Joyce Bawah Mogtari, countless Ghanaians lost their employment and money as a result of the banking sector cleansing.
She stated, "Fellow Ghanaians lost money and jobs in the Banking Sector Clean Up Exercise, and now they are snatching people's livelihoods from them, disguised as a Domestic Debt Exchange Scheme," in a tweet that was seen by GhanaWeb Biz.
“So annoying. So now it’s the fault of Ghanaians for expecting that leadership does what it was elected to do? You mess up the economy and scuttle people’s hard-earned investments and turn round to suggest the victims of your recklessness are not being patriotic enough?” Joyce Bawah Mogtari added.
Government of Ghana is seeking to revive the economy through a $3 billion International Monetary Fund loan.
As part of its efforts to meet the conditions required for the loan, government has announced a domestic debt exchange programme aimed at varying the terms of existing government bonds.
Meanwhile, goverment has extended the deadline for the expiration of the debt exchange programme to January 31, 2023.
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