By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FmStarr FmStarr Fm
  • Home
  • Election Hub
  • General
    GeneralShow More
    Ablekuma North rerun: Accra Mayor condemns police ‘arrogant’ attack on EIB Journalist
    July 11, 2025
    Over 5,600 delegates expected to attend the 2025 NPP National Annual Delegates Conference
    July 11, 2025
    Ablekuma North rerun: Police interdict officer for assaulting EIB Network journalist
    July 11, 2025
    Ablekuma North Rerun: Both NDC, NPP optimistic of winning
    July 11, 2025
    Ewurabena will win and develop Ablekuma North – Accra Mayor
    July 11, 2025
  • Business
    BusinessShow More
    Mayekoo doubles donations to African causes with new matching fund campaign 
    July 10, 2025
    Government inaugurates new NIB board, announces plan to recapitalise bank
    July 9, 2025
    Ghana’s gold now powers cedi stability – President Mahama
    July 8, 2025
    VRA sets the benchmark in African public procurement
    July 8, 2025
    IMF Executive Board approves $370 million disbursement for Ghana
    July 7, 2025
  • Politics
    PoliticsShow More
    Ablekuma North rerun: Accra Mayor condemns police ‘arrogant’ attack on EIB Journalist
    July 11, 2025
    Over 5,600 delegates expected to attend the 2025 NPP National Annual Delegates Conference
    July 11, 2025
    Ablekuma North rerun: Police interdict officer for assaulting EIB Network journalist
    July 11, 2025
    Ablekuma North Rerun: Both NDC, NPP optimistic of winning
    July 11, 2025
    Ewurabena will win and develop Ablekuma North – Accra Mayor
    July 11, 2025
  • Entertainment
    EntertainmentShow More
    Sim Majorley: Korea, Ghana to share cultures through stage production
    July 11, 2025
    I took a pause to gather strength- Kwesi Slay
    July 8, 2025
    Kinaata questions TGMA credibility over ‘Record of the Year’ snub
    July 7, 2025
    Ghana grows movie premiere ignites new thinking among youth in Ashaiman
    July 7, 2025
    “I will feature Sarkodie at the right time” – Kofi Kinaata
    July 6, 2025
  • Sports
    SportsShow More
    Violence at Ablekuma North rerun as Hawa Koomson, NPP candidate assaulted
    July 11, 2025
    Tottenham secure Mohammed Kudus in high-profile transfer deal
    July 10, 2025
    Ghana, Nigeria share spoils in thrilling opener of 2025 WAFU U20 Boys Cup
    July 10, 2025
    Otumfuo rallies mining sector to support revamp of Ashanti sports facilities
    July 10, 2025
    Liverpool’s Ambitious Summer: Chairman Predicts Big Moves as Champions Build a Stronger Squad
    July 10, 2025
  • Technology
    TechnologyShow More
    Samsung Galaxy Z Flip7: A pocket-sized AI powerhouse with a new edge-to-edge flexwindow
    July 10, 2025
    Real Quantum Dot Technology in Samsung QLED TVs
    June 29, 2025
    GCAA and South Korea sign deal to advance Ghana’s Drone sector
    June 25, 2025
    Onafriq, PAPSS partner to launch cross-border payment services in Ghana 
    June 20, 2025
    Yellow Card, Visa partner to accelerate stablecoin adoption across emerging economies
    June 19, 2025
  • International
    InternationalShow More
    47th AU Forum: Ablakwa criticizes $1.2m AfCFTA allocation as ‘highly insufficient’
    July 10, 2025
    Minority demands audit over $1.2m passport relaunch cost and delays
    July 9, 2025
    Minority demands compensation for citizens stranded by US embassy closure
    July 9, 2025
    Foreign Minister Okudzeto Ablakwa and Chinese Ambassador Tong Defa sign $30 million grant agreement for Aflao market
    Ghana secures $30 million Chinese grant for Aflao market project
    July 9, 2025
    The end of USAID is not catastrophic for Africa – Dr. Brian Reuben
    July 8, 2025
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: DDEP: It’s unreasonable to continue picketing – Ofori-Atta tells Pensioner Bondholders
Share
Notification Show More
Font ResizerAa
Starr FmStarr Fm
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
GeneralHeadlines

DDEP: It’s unreasonable to continue picketing – Ofori-Atta tells Pensioner Bondholders

Starrfm.com.gh By Starrfm.com.gh Published February 15, 2023
Share
SHARE

Finance Minister Ken Ofori-Atta says Pensioner Bondholders’ picketing at the Ministry of Finance is meaningless as government has pledged to honour its obligations to bondholders, including retirees who voluntarily opted not to participate in the programme.

Addressing the retirees at the Finance Ministry, Mr Ofori-Atta maintained “Really, there is no reason for us to be sitting here because that assurance has been given on paper.”

He questioned: “I want to know what it is that you are afraid of or that you think will not happen,” adding “My issue is that now you have very little of the old bonds existing.

“This means that, in the event of a crisis, your ability to trade your papers is diminished. But that is the choice you made,” Mr Ofori-Atta said.

The group has been picketing at the Finance Ministry demanding that the government makes an official exemption of pensioners from the domestic debt swap.

The group of about 50 retirees says they will not accept any haircuts on their investments despite government’s proposal of a 15% coupon rate.

Minority Leader, Cassiel Ato Forson has assured Pensioner Bondholders and others that parliament will move swiftly to address the burning issues related to the ongoing domestic debt exchange program.

The Finance Minister is billed to appear before the House on Thursday to brief MPs on the debt exchange program which now has more than 80% rate participation.

Source: Ghana/Starrfm.com.gh/103.5 Fm

You Might Also Like

Violence at Ablekuma North rerun as Hawa Koomson, NPP candidate assaulted

Ablekuma North rerun: Accra Mayor condemns police ‘arrogant’ attack on EIB Journalist

Over 5,600 delegates expected to attend the 2025 NPP National Annual Delegates Conference

Ablekuma North rerun: Police interdict officer for assaulting EIB Network journalist

Ablekuma North Rerun: Both NDC, NPP optimistic of winning

TAGGED:Ofori-AttaPensioner Bondholders
Share This Article
Facebook Twitter Email Print
Share
Previous Article Dozens of disolved Qnet workers arrested in a swoop in Koforidua
Next Article First-years to report on February 20 as 69% of students placed

Starr 103.5FM

Starr FmStarr Fm
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!

Subscribe to our newsletter and never miss our latest in news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?