26.2 C
Accra
Wednesday, October 2, 2024
BusinessDDEP: Pensioners continue picketing at Finance Ministry

Date:

DDEP: Pensioners continue picketing at Finance Ministry

On Monday, February 13, members of the Pensioner Bondholders Forum protested again at the Finance Ministry in order to demand a complete exclusion of their investments from the Domestic Debt Exchange programme (DDEP).

The government has proposed a 15% coupon rate, but the retirees have stated that they will not accept any haircuts on their investments as their livelihoods depend on the proceeds from these investments.

The bondholders were on Friday joined by the former Chief Justice, Sophia Akuffo who threatened to sue the government if their pension funds are included in the debt exchange programme.

The government extended the window for bondholders to complete tender processes as part of the controversial domestic debt exchange programme.

The deadline for signing up for the programme expired on Friday, February 10, 2023.

[forminator_poll id="710479"]
[forminator_poll id="710479"]

Latest stories

CID, A-G Department to take over death case of ‘abandoned’ patient at Ojobi

The Ministry of Health has directed that the Criminal...

‘Sick’ Nana Bediatuo in stable condition – Presidency reveals

The Office of the President has informed the public...

I took a hiatus from music due to Castro’s death – D-Black

Ghanaian hip-hop artist Desmond Kwesi Blackmore, popularly known as...

“Fanfooling” – Olele Salvador takes on A-G over bail consideration request in Democracy Hub case

Ghanaian entertainment journalist, Olele Salvador, has sharply criticized Attorney-General...

Castro’s death had a profound impact on me – D-Black

Ghanaian hip-hop artist Desmond Kwesi Blackmore, known as D-Black,...

Related stories

CID, A-G Department to take over death case of ‘abandoned’ patient at Ojobi

The Ministry of Health has directed that the Criminal...

‘Sick’ Nana Bediatuo in stable condition – Presidency reveals

The Office of the President has informed the public...

“Fanfooling” – Olele Salvador takes on A-G over bail consideration request in Democracy Hub case

Ghanaian entertainment journalist, Olele Salvador, has sharply criticized Attorney-General...

Global food prices rise as inflation, insecurity worsen

The World Bank Group reports that domestic food price...

I’ll deal with you ‘ruthlessly’ – Mahama warns galamseyers

Former President John Dramani Mahama, the National Democratic Congress...