Source: MyJoyOnline.com The Parliament of Ghana has approved the 2023 Budget and Economic Policy of the government. Despite a budget debate dogged by low numbers of Members of Parliament on both the Majority and Minority sides, the Majority managed to get in enough members on their side just in time to […]
Business News
Debt Exchange: Do not touch our pensions – TUC warns government
The Deputy Secretary General of the Trades Union Congress, Joshua Ansah, has sent out a warning to government not to touch pension funds in its planned debt exchange programme. Government has been inviting bond holding institutions including pension funds to exchange their old bonds for a package of new bonds […]
Withdraw inclusion of pension funds from debt exchange programme – Nurses and Midwives to government
Source: Ernest Arhinful The Ghana Registered Nurses and Midwives Association (GRNMA) says it is opposed to the government’s debt exchange programme. According to the Association, the move is unacceptable. To the GRNMA, this means denial of pensioners’ access to their tier 3 funds after waiting for 5-15 for them to mature. […]
We reject debt exchange programme; it will destroy savings of Ghanaians – Pensions Chamber
Source: Myjoyonline.com The Chamber of Corporate Trustees has rejected the debt exchange programme proposed by the Ministry of Finance. According to the chamber, the proposal put forth by the Minister of Finance, Ken Ofori-Atta, is inferior to market expectation and will destroy the savings of Ghanaians and further undermine market […]
Domestic debt exchange: “Fiscal recklessness cause of crisis”- Expert
Dr. George Domfeh, a Senior Research Fellow at the Centre for Social Policy Studies at the University of Ghana, says the current domestic debt exchange crises are a result of fiscal recklessness. This statement by the expert is in line with the debate about possible haircuts on all bonds and treasury bills […]






