Private legal practitioner, Gabby Otchere-Darko, has indicated that the refusal by individual bondholders to accept government’s debt exchange programme will worsen the country’s economic crisis.
According to the NPP stalwart, the widespread rejection by the bondholders will not augur well for the country, hence the need for them to soften their stance.
In a series of tweets on Sunday evening, he explained that even though the terms of the debt exchange programme will affect individual bondholders, it is a necessary step which must be taken to salvage the economy.
He said if the bondholders fail to cooperate with government, their bonds may be affected in the future in addition to a further deterioration of the economy.
Source:Mybrytfmonline.com/Kwabena Nyarko Abronoma
