“Ignore NDC’s HIPC Propaganda”-Dr. Boako

“Ignore NDC’s HIPC Propaganda”-Dr. Boako

Dr. Gideon Boako, Spokesperson and Economic Advisor to the Vice President, Alhaji Dr Mahamudu Bawumia has exposed NDC’s propaganda on HIPC and has called on the public to treat their assertion with contempt.

“Ignore the NDC propaganda that as per this World Bank publication Ghana is HIPC today” he said that in a post on his Facebook wall.

The publication shows a list of countries that qualified for the HIPC initiative and received relief. The list is not based on a current assessment

You will find Rwanda on this list for example along with Ghana and Côte d’Ivoire. Many of these countries have reached completion point long ago but continue to benefit from the HIPC debt relief that they obtained under the Multilateral Debt Relief Initiative.

HIPC was a specific program that countries had to opt for. It is a voluntary program. There is no program like HIPC today that countries can opt for. It is over!