Finance Minister Ken Ofori-Atta has said all pensioners who did not participate in the bond offering are exempted from the government’s Domestic Debt Exchange Programme (DDEP).
Speaking in Parliament on Thursday (16 February), Ofori-Atta said, “In seeking to understand the concerns of our senior citizens, I have met with them on three occasions; the most recent was 15 February 2023 where I explained the terms of the new bonds.
“Mr Speaker, I subsequently wrote to their convener that all pensioners who did not participate in the bond offering are exempted,” he added.
Members of the pensioner bondholders’ forum have been picketing the Ministry of Finance to demand total exemption of their investments from the debt swap.
Ghana’s former chief justice Sophia Akuffo on Friday (10 February) joined a picket line of pensioners who have been staging protests at the Finance Ministry, demanding that the government exempt them from the Domestic Debt Exchange Programme (DDEP).
Earlier, Ofori-Atta pleaded with members of the pensioner bondholders’ forum to accept the new terms of a 15% coupon rate and 5% maturity rate for the government Domestic Debt Exchange Programme (DDEP)
Speaking in Parliament on Thursday (16 February), the Finance Minister said the government remains committed to the wellbeing and diginity of senior citizens and pensioners.
Asaase Radio 99.5 broadcasts on radio via 99.5 in Accra, 98.5 in Kumasi, 99.7 in Tamale, 100.3 in Cape Coast and on our affiliates Bawku FM 101.5 in Bawku, Beats FM 99.9 in Bimbilla, Somua FM 89.9 in Gushegu, Stone City 90.7 in Ho, Mining City 89.5 in Tarkwa and Wale FM 106.9 in Walewale
Tune in or log on to broadcasts online: www.asaaseradio.com, Sound Garden and TuneIn
Follow us on Twitter: @asaaseradio995
Live streaming: facebook.com/asaaseradio99.5. Also on YouTube: Asaase Radio Official.
Join the conversation. Call: 020 000 9951 or 059 415 7777. Or WhatsApp: 020 000 0995.
#AsaaseRadio
