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Pensioners will recommence picketing outside the Finance Ministry in protest of delayed coupon payments.

Fri, 28 Apr 2023 Source: Alby News Ghana

Today, April 28, 2023, the Pensioner Bondholders Forum will return to the Finance Ministry to demand that the coupons and principals of their bonds be paid.

Since February 2023, principals and premiums on over GH1 billion worth of 22 bond issuances have been outstanding.

Pensioner bondholders who picketed at the Finance Ministry for two weeks to demand an exemption from the debt exchange scheme have stated that they will take the same action if payments are not made immediately if they are not exempted.

All that has not been paid, and this is the situation we face

This is where we have stated that pensioners will resume picketing at the Ministry of Finance if they are not paid by today.

In a previous statement, the forum expressed disappointment over the government's inconsistent assurances to pay all pensioners their outstanding coupon payments and bond principals.

The Convener of the Forum conveyed the suffering and financial hardships members have endured as a result of the delay and requested that the payments be made as requested in the Forum's letter to the Finance Minister, Ken Ofori-Atta, dated 30 March 2023.

Source: Alby News Ghana