Tag: Domestic Debt Exchange Programme
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Payment of DDEP coupons has restored credibility in our economy – Amin Adam
Minister of State in charge of Finance and Economic Planning, Dr. Mohammed Amin Adam has stated that government’s successful payment of coupons under the Domestic Debt Exchange Programme (DDEP) has significantly restored credibility in Ghana’s economy. According to him, the coupon payment underscores the government’s unwavering commitment to its debt obligations, as outlined within the…
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Debt Exchange: Organized labour calls off strike after exemption of pension funds
Organized labour has called off its intended strike which was slated for December 27, 2022. This industrial action was to demand the exemption of pension funds of its workers in the ongoing debt exchange program. Despite assurances of protecting the funds of citizenry, various labour unions were concerned about the impact the debt exchange will…
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We settled DKM customers; bondholders should be rest assured of their investment – NIB Deputy MD
Deputy Managing Director of the National Investment Bank (NIB) and member of the governing New Patriotic Party (NPP), Alfred Thomson has called for calm following the implementation of the debt exchange programme announced by the government. He said, just the same way they settled customers of the now-defunct DKM microfinance company, no bondholder will lose…
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We’ll fiercely resist govt’s debt exchange programme – GNAT
The Ghana National Association of Teachers (GNAT) has warned the government that it will fiercely and vigorously resist any attempt to touch any fund under the Debt Exchange programme that would be detrimental to its members, both in active service and retirement. In a press release signed by General Secretary for GNAT, Thomas Tanko Musah…