President John Dramani Mahama introduced throughout his 2025 State of the Nation tackle (SONA) has introduced an replace to one of the contentious choices taken by the earlier authorities in – the debt change program.

Talking throughout his SONA, the President known as on bondholders to be calm as a result of this authorities would honor all obligations and everybody shall be paid in full.

“Bondholders can relaxation assured that they are going to be paid as much as the final pesewa,” Mahama mentioned.

The debt change program which was launched by the NPP authorities after borrowing a lot they started to default on their money owed, was an IMF conditionality to entry a $3m facility.

The deeply unpopular program noticed many bondholders dropping their investments and others being offered with patently unfair phrases that that they had no selection however to enroll to.

One explicit sufferer, Michael Blackson, has continually cried out about how the earlier authorities cheated him and took his cash, dropping over $1m.

Searching for to guarantee such dissatisfied traders, President Mahama mentioned his authorities would honor all obligations.

He mentioned the NDC will work exhausting to revive investor confidence in Ghana and one key consider that will be to introduce extra enterprise pleasant measures in distinction to some insurance policies of the previous authorities.

Mahama touched on the oil sector as one sector destroyed by the NPP’s recklessness and mentioned his authorities would restore it again to its glory and promised the individuals of Sekondi-Takoradi that prosperity is on the best way again for them.

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