• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, August 19, 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

Government Berated over Economic Mismanagement and Handling of Pension Funds

November 25, 2024
Evans Junior Owuby Evans Junior Owu
in General News
0
Government Berated over Economic Mismanagement and Handling of Pension Funds

President Akufo-Addo and Vice President Dr Mahamudu Bawumia

As the country draws closer to the much-anticipated December 7, 2024, general elections, the ruling government finds itself under intense scrutiny, not only from the opposition National Democratic Congress (NDC) but also from prominent civil society voices. 

A wave of criticisms has centred on the perceived mismanagement of the economy and the resultant hardships for ordinary Ghanaians. Among the sharpest critics is Selorm Branttie, Vice President of the IMANI Centre for Policy and Education.

In a scathing critique, Selorm Branttie condemned the government’s handling of the controversial Domestic Debt Exchange Program (DDEP), which he argued has devastated the lives of pensioners and other vulnerable groups. 

RelatedPosts

Barker-Vormawor Decries Ghana’s Broken Appeal System

OSP Probes 67 Cases of Suspected Corruption

Helicopter Tragedy Deepens Calls to Scrap L.I. 2462

He described the program as a betrayal of trust by leaders who promised economic stability and security for citizens’ investments but instead presided over what he characterized as financial destruction for many.

The IMANI’s Vice President’s ire was particularly directed at key government figures including the former Finance Minister, Ken Ofori Atta who he noted publicly assured citizens that their investments and pensions would remain untouched. 

According to Selorm Branttie, these promises were soon followed by policies that eroded decades of savings, leaving pensioners unable to access funds needed for critical and sensitive services or  transactions.

“Dressed in White. Looking all sanctimonious like he won’t hurt a fly. Touted as one of ‘the men’ we have. Who, together with ‘the whizzkid’, were going to transform Ghana.

“They took the savings of many pensioners today, people who have saved for 20, 30 years, who need medication for cancer, diabetes, heart disease, cancer, stroke, etc… And wiped it out completely without warning”.

elorm Branttie, Vice President of IMANI Centre for Policy and Education

He painted a stark picture of the human cost of these policies, noting that for some pensioners, this financial blow came just before their demise, leaving their families bereft and without access to their inheritance.

Silence in the Face of Crisis

Selorm Branttie’s remarks also took aim at the Vice President, Dr Mahamudu Bawumia, who doubles as the Presidential Candidate of the ruling party, touted as a “problem solver,” who he accused of remaining silent throughout the economic debacle. 

His critique extended to the broader leadership of the ruling New Patriotic Party (NPP), who, he argued, have failed to provide accountability or relief to the countless Ghanaians whose livelihoods have been upended by the DDEP.

“In all this, the one who says he’s a problem solver WAS MUTE AND IS STILL MUTE!!!!!” Selorm Branttie exclaimed, emphasizing the perceived indifference of leaders who once claimed to have the nation’s best interests at heart.

Selorm Branttie 1
Selorm Branttie, Vice President of IMANI Centre for Policy and Education

A Call to Action Ahead of the Elections

As Ghanaians prepare to head to the polls in less than two weeks, Selorm Branttie’s remarks serve as a rallying cry for citizens to critically assess their choices.

“In two weeks, we can endorse this crime, or we can look at our options,” he urged, calling on voters to hold leaders accountable for the economic mismanagement that has plunged the country into crisis.

His comments reflect broader frustrations with what many see as a pattern of poor governance and broken promises. The DDEP, introduced as a solution to Ghana’s fiscal crisis, has been widely criticized for its lack of transparency and its disproportionate impact on vulnerable groups. 

Civil society activists and financial experts have repeatedly warned that the program’s long-term effects could deepen inequality and undermine trust in public institutions. For many Ghanaians, the upcoming elections represent a critical juncture. 

As voices like Selorm Branttie amplify the grievances of ordinary citizens, the ruling government faces mounting pressure to not only defend its track record but also chart a credible path forward. 

Whether these criticisms will translate into a decisive shift in voter sentiment remains to be seen, but one thing is certain: the conversation around economic justice and accountability will remain at the forefront of the nation’s political discourse.

READ ALSO: GSE Sees Turnover Decline of 76% on Final Weekday of Trading

Tags: Domestic Debt Exchange (DDE) ProgrammeEconomic Mismangementfinancial destructionIMANI Africa Centre for Policy and EducationKen Ofori- AttaSelorm BranttieVice President Dr Bawumia Mahamudu
Please login to join discussion
Previous Post

Government Commissions New Educational Infrastructure In Bono East

Next Post

Martin Amidu Criticizes Political Exploitation of Bawku Conflict

[mc4wp_form id="1264"]

Related Posts

Ghana's appeal system in shambles
General News

Barker-Vormawor Decries Ghana’s Broken Appeal System

August 19, 2025
MOG Beatz Accuses Shatta Wale of Stealing His Intellectual Property
Entertainment

MOG Beatz Accuses Shatta Wale of Stealing His Intellectual Property

August 19, 2025
Israel-Hamas Truce To Take Effect On Friday
Asia

Qatar Confirms Hamas’ Response To Gaza Ceasefire Proposal

August 19, 2025
Kissi Agyebeng, Special Prosecutor, Ghana
General News

OSP Probes 67 Cases of Suspected Corruption

August 19, 2025
Rachel Reeves Faces Backlash Over Property Tax Plans
UK

Rachel Reeves Faces Backlash Over Property Tax Plans

August 19, 2025
How Uncle Ebo Whyte Lost His Job In 1991
Entertainment

Uncle Ebo Whyte Reveals Darkest Moments of His Life

August 19, 2025
Ghana's appeal system in shambles
General News

Barker-Vormawor Decries Ghana’s Broken Appeal System

by Lilian AhedorAugust 19, 2025
MOG Beatz Accuses Shatta Wale of Stealing His Intellectual Property
Entertainment

MOG Beatz Accuses Shatta Wale of Stealing His Intellectual Property

by Esther Korantemaa OffeiAugust 19, 2025
Israel-Hamas Truce To Take Effect On Friday
Asia

Qatar Confirms Hamas’ Response To Gaza Ceasefire Proposal

by Comfort AmpomaaAugust 19, 2025
Kissi Agyebeng, Special Prosecutor, Ghana
General News

OSP Probes 67 Cases of Suspected Corruption

by Evans Junior OwuAugust 19, 2025
Rachel Reeves Faces Backlash Over Property Tax Plans
UK

Rachel Reeves Faces Backlash Over Property Tax Plans

by Lawrence AnkutseAugust 19, 2025
How Uncle Ebo Whyte Lost His Job In 1991
Entertainment

Uncle Ebo Whyte Reveals Darkest Moments of His Life

by Esther Korantemaa OffeiAugust 19, 2025
Ghana's appeal system in shambles
MOG Beatz Accuses Shatta Wale of Stealing His Intellectual Property
Israel-Hamas Truce To Take Effect On Friday
Kissi Agyebeng, Special Prosecutor, Ghana
Rachel Reeves Faces Backlash Over Property Tax Plans
How Uncle Ebo Whyte Lost His Job In 1991
[/vc_row_inner]

Recent News

  • Barker-Vormawor Decries Ghana’s Broken Appeal System
  • MOG Beatz Accuses Shatta Wale of Stealing His Intellectual Property
  • Qatar Confirms Hamas’ Response To Gaza Ceasefire Proposal
  • OSP Probes 67 Cases of Suspected Corruption
  • Rachel Reeves Faces Backlash Over Property Tax Plans
The Vaultz News

Copyright © 2021 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 © 2021 The Vaultz News. All rights reserved.