Businessman and analyst, Mr Senyo Hosi has said the government has lost credibility for what he believes is the U-Turn on the President’s comments regarding haircuts.
He was commenting on the clarification given by Information Minister Kojo Oppong Nkrumah on the President’s comment on haircut.
Mr Oppong Nkrumah said President Nana Addo Dankwa Akufo-Addo’s assurance that there will be no haircuts covers on principals.
“My understanding is that no principals will be touched. No principals will have a haircut,” Mr. Nkrumah said.
“The debt sustainability strategy is yet to be announced in full.”
“When they are done with the rest of the strategy, and they come out and do a full announcement, we will have clarity on the form that the debt restructuring will take,” he said.
