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Ted News Ghana Blog of Monday, 31 March 2025

Source: TEDDY VAVA GAWUGA

Mahama Urges Leaders to Prioritize Human Impact Over Economic Policies

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President John Mahama has reminded leaders that governance should extend beyond economic figures and policies, emphasizing that every decision they make carries real-life consequences for citizens.

Speaking at a tribute event for the late Nana Dr. Agyekum Addo, CEO of KAMA Group of Companies, Mahama pointed to the human cost of the Domestic Debt Exchange Programme (DDEP), linking it to the financial struggles of pensioners and elderly citizens.

"His death came to me as a shock, but it also reminds us that as leaders, our decisions have far-reaching consequences. KAMA was a household name, and his ordeal with the bond exchange was well-known because he spoke about it," Mahama said.

He lamented how policies like the DDEP have devastated many Ghanaians, particularly pensioners, who lost their life savings, leaving them in severe financial distress.

"Beyond him, thousands of elderly individuals have had their pension funds wiped out. Many of them have either passed away or are sitting in their homes, suffering in silence, unable to afford even basic medical care," he noted.

The President stressed the importance of accountability and responsible governance, urging leaders to prioritize the well-being of citizens over rigid economic policies.

"For me, the lesson here is clear: leaders must never forget that their decisions affect real lives. Governance is not just about numbers and policies—it is about people," he emphasized.

Mahama also extended his condolences to Dr. Addo’s family, acknowledging his impact on Ghana’s business landscape. However, he reiterated that leadership decisions must always consider their human impact, as reckless policies can have dire consequences.