Local news

Pension bondholders deny receiving exemption letter from Ofori-Atta

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.

Share
MasemTV Newsroom

Recent Posts

Life in Opposition Is Tough and Lonely – Minority Leader Afenyo-Markin

Minority Leader in Parliament, Alexander Afenyo-Markin, has candidly spoken about the emotional and political toll… Read More

5 hours ago

Baba Jamal set to submit nomination for Ayawaso East by-election

Ghana’s High Commissioner to Nigeria, Baba Jamal, is expected to file his nomination on Tuesday,… Read More

5 hours ago

Late Ayawaso East MP’s wife to contest by-election

The wife of the late Member of Parliament for Ayawaso East, Hajia Amina Adam, has… Read More

5 hours ago

Africa must prioritise skills, unity and industrial growth or fall behind – President Mahama

President John Mahama has urged African nations to make bold investments in skills development, industrial… Read More

5 hours ago

NPP presidential primaries set for Jan 31 as 211,849 delegates vote at 333 centres

The New Patriotic Party (NPP) has announced that it is fully ready to conduct its… Read More

10 hours ago

Finance Ministry enforces local cargo insurance for imports from February 1

The Ministry of Finance has directed that, beginning February 1, 2026, all goods imported into… Read More

11 hours ago