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Tuesday, October 28, 2025

DDEP, haircuts cost NPP support from middle class

Alexander Afenyo-Markin is the Minority Leader in Parliament Alexander Afenyo-Markin is the Minority Leader in Parliament

The Minority Leader in Parliament, Alexander Kwamena Afenyo-Markin, has said that the erstwhile NPP government lost the trust of many, particularly within the middle class, as a result of his government’s DDEP and haircut measures.

According to him, the Nana Addo Dankwa Akufo-Addo administration had to take tough decisions to stabilise the economy, which largely affected the financial sector and its players.

Speaking on PM Express on October 27, 2025, and monitored by GhanaWeb Business, Afenyo-Markin explained that the choices made by his party were made in the context of a global economic crisis that required Ghana to stabilise its economy.

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“We lost the middle class, our own base, the businessmen, because there was some haircut… pensioners, educated people who ordinarily would vote NPP got disappointed, to the extent that a former Chief Justice, appointed by our own administration, was on the streets fighting for her pension, it’s understandable. We were faced with some huge challenges. We tried, but we were not too successful in stabilising the economy; certain hard decisions had to be taken,” he said.

He added that despite the setbacks, the NPP chalked up some successes with the introduction of some flagship programmes like the One District One Factory (1D1F) initiative, the Free SHS, among others.

“Ours is to create a platform to build the human resource capacity of the Ghanaian people. We did that successfully,” he said.

SP/AE

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