- Oppong Nkrumah has debunked claims making rounds that Ghana has once again gone back to being in the category of Highly Indebted Poor Countries
- He said such news are fake and lack any form of credibility
- The information minister, however, encouraged the general public to disregard such publications
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The information Minister, Kojo Oppong Nkrumah has debunked claims making rounds that Ghana has once again gone back to being in the category of Highly Indebted Poor Countries (HIPC).
According to a JoyNews report, Oppong Nkrumah said the numerous publications making rounds on social media claiming that the country has returned to HIPC are false and lake any form of credibility.
Speaking at the a press conference on Tuesday in Accra, he said because the country is approaching the polls, it is a deliberate attempt to thwart the work government has done.
“There are suggestions being spread particularly on social media that Ghana has been declared HIPC again... listing Ghana as one of the HIPC countries and it is a suggestion that the economy is not as good a shape that we claim it is.
Categorically we say to you it is not true that Ghana has been declared HIPC or has been added to the list of HIPC countries,” he said.
Oppong Nkrumah explained that currently, there is no HIPC programme for any country to qualify for.
He added that if anyone is spreading and adding to it a narrative that suggest that Ghana is now a highly indebted poor country, that person should be ignored.
The information minister, however encouraged the general public to disregard such publications.
The HIPC was a group of 39 developing countries with high levels of poverty and debt overhang who qualified for financial assistance from the World Bank, the International Monetary Fund other monetary institutions between 1996 and 2001.
It was designed to ensure the reduction in the debt levels of poor and indebted countries.
In other news, a member of the communication team of the New Patriotic Party (NPP), Nana Akomea has stated that the party would pay the rent advance of the Ghanaian youth when they are retained in power.
According to Nana Akomea, this would help provide a short term cushion for the Ghanaian youth from the problem of high rent and long rent advance.
Nana Akomea made this known during a press conference on Monday, October 26, 2020.
“Government will pay the rent Advance for you, and you pay the rent monthly to the scheme.” he said
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