Audio By Carbonatix
Finance Minister, Ken Ofori-Atta says his outfit has written to the Pensioners Bondholders Forum about their exemption from the Domestic Debt Exchange Programme (DDEP).
This comes in the wake of intense protest at the forecourt of the Ministry over the past week over what some senior citizens believe will cripple their finances.
In a release, the ministry indicated that participating in the debt restructuring was voluntary, therefore, pensioners could decide whether to participate or not.
However, the aggrieved pensioners insist that Minister must make it formal and include that their bonds are exempted from the debt restructuring.
Speaking in Parliament today, Mr Ofori-Atta insists that after Wednesday's engagement with pensioners during the picketing, he communicated their exclusion in writing to the convenor.
"I subsequently wrote to their convenor letting him know that all pensioners who did not participate in the bond offering are exempted," he told the House today.
He expressed hope that this move allays the fears of the pensioners.
Meanwhile, Myjoyonline.com's checks with the convenor, Dr Adu Anane Antwi, reveal that he is yet to receive any letter to that effect from the Minister.
The deadline for the DDEP has elapsed with the Ministry confirming about 85% participation.
Latest Stories
-
Linda Ocloo warns Greater Accra on high flood alert and announces emergency measures
46 seconds -
CEO Summit: BoG Governor assures of monetary stability to drive industrial growth
2 minutes -
Anticipation builds ahead of 2026 Hitz FM ‘Rep Ur Jersey’
3 minutes -
CEO Summit: Deloitte Ghana urges government to turn policies into real jobs
11 minutes -
Photos: First batch of Ghanaians fleeing xenophobic attacks in South Africa arrive in Ghana
20 minutes -
Xenophobic attacks: Over 400 Ghanaians expected back home this weekend – Benjamin Quashie
21 minutes -
CEO Summit: Togbe Afede calls for bold leadership to sustain Ghana’s economic recovery
31 minutes -
Black Stars: I won’t be upset if I don’t start – Benjamin Asare
36 minutes -
Senior Ghanaian miners in South Africa seek evacuation amid rising xenophobic tensions — High Commissioner
36 minutes -
Zoomlion rejects Auditor-General’s allegations over African Games cleaning contracts
37 minutes -
Claims that only 10 Ghanaian evacuees are legal migrants in South Africa are false — Benjamin Quashie
38 minutes -
AG sues JA Plant Pool, Siaw Agyepong over alleged $2m DRIP overpayment
1 hour -
FDI inflows hit US$2.61bn in 2025 – GIPC
3 hours -
Sixteen pupils killed in Kenya school fire
3 hours -
Ghana’s tax gap: New levies loom in mid-year budget
3 hours