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Bondholders: Joint technical committee reaches agreement on method for paying down outstanding debt

The Ministry of Finance has engaged representatives of the Coalition of Individual Bondholders and the Pensioner Bondholders Forum on their outstanding debt.

Following the meeting, significant progress has been made on the outstanding domestic debt service obligations, the Ministry said.

“The meeting chaired by Deputy Minister, Abena Osei-Asare, MP agreed that the Joint Technical Committee constituted on 18th January 2023 reconvenes and agrees on a pathway, towards the settlement of the outstanding debt obligations, by 28th April 2023,” a statement said.

It added, ” The Ministry of Finance takes this opportunity to thank the Coalition of Individual Bondholders Groups and the Pensioner Bondholders Forum for their forbearance during the Domestic Debt Exchange Programme (DDEP) and subsequent administrative processes.”

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