• About
  • Advertise
  • Privacy Policy
  • Contact
Wednesday, October 22, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Urgently Downsize Government Machinery, Cut Down Expenditure- GPCC To Gov’t

M.Cby M.C
February 9, 2023
Reading Time: 3 mins read
M.Cby M.C
in General News
0
Urgently Downsize Government Machinery, Cut Down Expenditure- GPCC To Gov’t

President of the GPCC, Apostle Eric Nyamekye.

The Ghana Pentecostal and Charismatic Council (GPCC) has called on President Akufo-Addo to as a matter of urgency, downsize his government machinery and cut down expenditure.

According to the Council, this will help build confidence in President Akufo-Addo’s commitment to solving the country’s economic problems. It revealed that this move will demonstrate to Ghanaians that the President means his call for burden sharing and that it is not a political gimmick.

“Urgently downsize government machinery and cut down on expenditure to start building confidence about its commitment in solving our economic problems. From the Council’s perspective, it is important that the Government demonstrates a strong sense of burden-sharing to encourage key bondholders to fully accept the exchange voluntarily.”

Ghana Pentecostal and Charismatic Council

A communiqué signed by the President of the GPCC, Apostle Eric Nyamekye, expressed the need for government and other stakeholders to collaboratively establish a national dialogue forum for regular consultations and engagements on pertinent matters of national interest. 

RelatedPosts

Minority Accuses Government of Running Away from Anti-LGBTQ+ Bill

Attorney-General Dismisses Pressure Claims, Reaffirms Independence of Justice Ministry

AG to Charge Fmr Buffer Stock CEO and Wife with Multiple Criminal Charges

It explained that the downsizing of government should include “explicitly and verifiably cutting down on its expenditure, including reducing the size of the government”, among other areas. This, the Council indicated, is very critical to encourage buy-in from the general public.

Calls for government to salvage the economy

Additionally, the GPCC also requested the government to ensure that the controversial Domestic Debt Exchange Programme does not destroy the financial sector. It highlighted that whatever form the DDEP takes, government must ensure that the financial sector, which is a key pillar of growth for the economy, is not destroyed in the process of the debt exchange. 

“The Council acknowledges the setting up of the financial sector stability fund, as a measure to provide support to the financial sector, but the Council expects to see a clear demonstration that the facility is fully funded for implementation, in order to provide full assurance to the financial sector and the banking community.”

Ghana Pentecostal and Charismatic Council

The Ghana Pentecostal and Charismatic Council is the latest group to express the need for the President to reduce its government and also exercise caution in the implementation of the debt exchange programme.

ADVERTISEMENT

There have been several calls by political analysts for the government to make some changes in its cabinet in the wake of the economic crisis.

It will be recalled that an Economist and Finance Lecturer at the University of Ghana, Professor Godfred Bokpin, iterated calls for President Akufo-Addo to reduce the size of his government. He indicated that the President must resign if he cannot manage the country with 40 ministers.

He also stated the need for government to merge some of the ministries, adding that some of the ministers are being idle in their respective ministries.

Similarly, newly appointed Minority Leader of Parliament, Dr Cassiel Ato Forson, revealed that the National Democratic Congress (NDC) will not allow President Akufo-Addo to increase the size of government.   He explained that the current size of government is too big.

Meanwhile, President Akufo-Addo has made some reshuffle within his government, a move a political science lecturer at the University of Ghana, Prof Ransfor Gyampo, has expressed his reservation. He lamented that President’s reluctance to reshuffle his ministers is disappointing and insulting to Ghanaians.

Professor Gyampo accused President Akufo-Addo of being adamant about calls by Ghanaians to downsize his government. He asserted that the President’s posturing is a severe affront to the expression of dissent to the democratic principles of the country.

The UG lecturer noted that the refusal of the President to listen to credible public opinions in his view is not an achievement. He revealed that it’s “democratically cruel and backward to have a president who will say the people can make their calls”, but won’t listen.

READ ALSO: Bawku Conflict: There’s A Breakdown Of Trust In Legitimacy Of State Institutions- Rise Ghana

Tags: DDEPeconomyExpenditureGhana NewsGhana Pentecostal and Charismatic Council
Please login to join discussion
Previous Post

Why I chose my wife over other women – Prophet Dr. Kofi Oduro

Next Post

‘I Never Wished For His Job’ – Ato Forson

Subscription Form

Related Posts

Minority Accuses Government of Running Away from Anti-LGBTQ+ Bill
General News

Minority Accuses Government of Running Away from Anti-LGBTQ+ Bill

October 22, 2025
Attorney-General Dismisses Pressure Claims, Reaffirms Independence of Justice Ministry
General News

Attorney-General Dismisses Pressure Claims, Reaffirms Independence of Justice Ministry

October 22, 2025
ORAL Prosecutions: Allow AG To Hasten Slowly – Yendi MP
General News

AG to Charge Fmr Buffer Stock CEO and Wife with Multiple Criminal Charges

October 22, 2025
Ghana’s Attorney General and Minister for Justice, Dr. Dominic Akuritinga Ayine
General News

AG Exposes Lavish Real Estate Empire Built from Buffer Stock Loot, Dozens of Properties Frozen

October 22, 2025
Mr. Hanan Abdul Wahab, former NAFCO CEO
General News

AG Strikes against “Rumble in the Jungle” Corruption Syndicate at Buffer Stock Company

October 22, 2025
Attorney-General Orders EOCO to Probe NDC Executives Over Galamsey
General News

Auditor General Uncovers GHS 2.2bn Ghost Names Scandal at NSA

October 22, 2025
Minority Accuses Government of Running Away from Anti-LGBTQ+ Bill
General News

Minority Accuses Government of Running Away from Anti-LGBTQ+ Bill

by Silas Kafui AssemOctober 22, 2025
Louvre Director, Laurence des Cars.
Europe

Louvre Director Admits Security Failure

by Comfort AmpomaaOctober 22, 2025
Forestry Commission Shares Ghana’s Illegal Mining Plights with Zambian Delegation
Extractives/Energy

Forestry Commission Shares Ghana’s Illegal Mining Plights with Zambian Delegation

by Bless Banir YarayeOctober 22, 2025
Professionals question IMF’s Impact on Ghana’s Economy
Economy

Professionals question IMF’s Impact on Ghana’s Economy

by Michael Teye-Bio NaduteyOctober 22, 2025
Deputy Governor Hails Ghana’s GH¢3 Trillion Digital Payment Boom
Banking

Deputy Governor Hails Ghana’s GH¢3 Trillion Digital Payment Boom

by M.COctober 22, 2025
Israel’s Expansion Of Settlements In Occupied West Bank Slammed
Asia

Knesset Advances Bill To Impose Israeli Sovereignty On Occupied West Bank

by Comfort AmpomaaOctober 22, 2025
Minority Accuses Government of Running Away from Anti-LGBTQ+ Bill
Louvre Director, Laurence des Cars.
Forestry Commission Shares Ghana’s Illegal Mining Plights with Zambian Delegation
Professionals question IMF’s Impact on Ghana’s Economy
Deputy Governor Hails Ghana’s GH¢3 Trillion Digital Payment Boom
Israel’s Expansion Of Settlements In Occupied West Bank Slammed

Recent News

Minority Accuses Government of Running Away from Anti-LGBTQ+ Bill

Minority Accuses Government of Running Away from Anti-LGBTQ+ Bill

October 22, 2025
Louvre Director, Laurence des Cars.

Louvre Director Admits Security Failure

October 22, 2025
Forestry Commission Shares Ghana’s Illegal Mining Plights with Zambian Delegation

Forestry Commission Shares Ghana’s Illegal Mining Plights with Zambian Delegation

October 22, 2025
Professionals question IMF’s Impact on Ghana’s Economy

Professionals question IMF’s Impact on Ghana’s Economy

October 22, 2025
Deputy Governor Hails Ghana’s GH¢3 Trillion Digital Payment Boom

Deputy Governor Hails Ghana’s GH¢3 Trillion Digital Payment Boom

October 22, 2025
Israel’s Expansion Of Settlements In Occupied West Bank Slammed

Knesset Advances Bill To Impose Israeli Sovereignty On Occupied West Bank

October 22, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address