The flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, has extended heartfelt gratitude to Ghanaian bondholders, citizens, and other stakeholders for their sacrifices in supporting the government’s Domestic Debt Exchange Program (DDEP).
Speaking at the Ghana CEO Presidential Gala at the Movenpick Hotel on Thursday, November 7, Dr. Bawumia commended the business community and bondholders for their pivotal role in advancing the country’s economic recovery.
“I would like to take this opportunity to show gratitude to the Ghanaian people, especially the business community and the bondholders, for the sacrifices you all made in supporting government’s efforts to restructure our debts and safeguard the economy,” he remarked.
Dr. Bawumia highlighted the impact of the debt restructuring initiative, which he said has helped stabilize Ghana’s economy amid significant challenges. He shared an optimistic outlook, noting that the restructuring efforts are laying a solid foundation for sustainable growth.
“The good news is that Ghana’s economy is on the path to recovery,” he added, underscoring the importance of collective action in building resilience.
The NPP flagbearer expressed confidence in the nation’s economic future, noting that continued cooperation among sectors would ensure Ghana emerges stronger and more resilient. The DDEP, which closed on February 10, 2023, saw over 80% participation of eligible bonds and is designed to protect the economy and bolster the country’s debt-servicing capabilities.