Ghana
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Pensioner Bondholders to picket at Finance Ministry

Pensioner Bondholders have served notice that they will from tomorrow, Monday February 6, 2023 begin picketing at the Ministry of Finance until their demands to spared the government hair cut on their bonds are met.

A statement issued on their behalf my the Convenor of the Pensioners, Dr Adu Anane Antwi said ” we have as of today not be granted our request” adding that ” to further press home our request, we have informed the Police that 50 of our members intend to converge at the Ministry of Finance on every working day from 10am to 11 am beginning from Monday 6th February till our request is granted by the Ministers”.

 Government last week said it has reached an agreement with the individual bondholders who are below the age of 59 years would be offered instruments with a maximum maturity of five years, instead of 15 years, and a 10 per cent coupon rate. 

The release said “All retirees (including those retiring in 2023) will also be offered inst