Tag Archives: Debt Exchange Programme

The Asantehene Otumfuo Osei Tutu II has urged the government to be transparent with Ghanaians as the country works towards dealing with the current economic challenges. He believes this will foster trust in the government. Speaking at the 56th congregation of the Kwame Nkrumah University of Science and Technology (KNUST), …

Former Chief Justice, Sophia Abena Boafoa Akuffo has joined pensioners picketing the Finance Ministry to demand a total exemption of their investments in the controversial Domestic Debt Exchange Programme (DDEP). Mrs Akuffo was seen holding a placard with the inscription ‘We depend our bond yields to pay our rent, medical …

The Majority Leader, Osei Kyei-Mensah-Bonsu says Parliament was not been briefed on the Domestic Debt Exchange Programme. According to him, the House did not know of the move until its announcement.   The Suame MP who doubles as the Parliamentary Affairs Minister said even though there were engagements prior to …

Finance Minister Ken Ofori-Atta has written to the President of the Ghana Insurers Association, informing the group that its industry cannot be exempted from the debt exchange programme as it had earlier requested. GIA made the request in December 2022 with the reason that 40 per cent of their total …

Some disgruntled clients of Databank have threatened to attack the company for failing to honour withdrawal requests. Chief Executive Officer of the firm, Kojo Addae-Mensah who disclosed this to JoyNews on Thursday, said the situation is serious and could get out of hand. “It is a very serious matter. We …

The leadership of the Ghana Registered Nurses and Midwives Association (GRNMA) has registered its dismay and disappointment at the proposed Debt Exchange programme announced by the Minister of Finance Ken Ofori-Atta. The association in a statement said it rejects the government’s proposal. The association explained the basis for its rejection …