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Domestic Debt Exchange: This is the most expensive economic recovery in history- Prof. Bokpin

Economist and Prof of Finance, Prof. Godfred Bokpin has asserted that the apology from the Minister of Finance, Dr.Amin Adam means nothing in the face of challenges ahead. 

According to the Prof of Finance, “In our history, this is the pricy and most expensive economic recovery.”

He said when you look at the data “let’s not joke about it, it is going to take us decades to get out of this.”

Speaking to Evans Mensah on Joy News, he said at this present rate and the level of governance on the table, nothing is going to change.

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“If you look at the domestic debt exchange and external debt restructuring it is just to buy space while the IMF programme is in force,” he said.

Prof. Bokpin shockingly revealed that after 2026, there is no way the country will sustain its debt and optimally allocate funds to priority spending in the area of education, health, education, agriculture in the manner that it will benefit Ghanaians.

“If you look at the energy sector shortfalls, if you do the forecast and the maturity clustering of the DDE, we are looking at more GH₵ 33billion in 2027, about GH₵37 billion in 2028, how will the country prepare for that?,” he queried.

He concluded that “If you are thinking of setting up a sinking fund, there is a trade off, if you look at the growth projection from now to 2029, it is insufficient.”

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By Edem Mensah-Tsotorme

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Upper West Regional Police Command secures conviction against notorious robbers

The Upper West Regional Police Command is pleased to announce the conviction and sentencing of Abdulai Ibrahim alias Baba, 34 (Driver Mate) and Abdulai Kipo, 36 (Butcher), for their involvement in conspiracy to commit crimes to wit robbery and robbery.

The duo were found guilty and sentenced to 28 and 18 years imprisonment in Hard Labour, respectively.

The accused persons were implicated in a series of robberies across the Napogbakole, Danko, SSNIT, and Konta areas of the Wa Municipality.

Their arrest and conviction were made possible through intelligence-led investigations and meticulous gathering of evidence by the Regional Police Intelligence Directorate.

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The conviction and sentencing were carried out at the Wa Circuit Court, presided over by His Honour Jonathan Avoogo.

The court’s verdict underscores the Command’s commitment to ensuring justice and safety in the region.

The Upper West Regional Police Command reaffirms its determination to make the region safe for peaceful coexistence and will continue to work tirelessly to combat crime and protect its residents.

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Police arrest two suspects for possession of suspected narcotic substance at Ayi Mensah

The Ghana Police Service has arrested two suspects for possession of eleven (11) large compressed sacks of a substance suspected to be narcotics at Ayi Mensah in the Greater Accra Region.

The suspects, Mathew Narkotey and Augustine Teye, were arrested by a team from the National Operations Department (NOD) on June 7, 2025 during routine patrols. The suspects were onboard a Mazda pick-up truck with registration number GT 3490-P when a search uncovered the suspected narcotic substance concealed in the vehicle.

The vehicle and the suspected substances have been impounded and are currently secured at the Joint Operations Centre for evidential purposes.

Both suspects are in police custody assisting with investigations, while efforts are underway to arrest one Martey, named by the suspects as the intended recipient of the consignment.

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