Members of the Pensioner Bondholders Forum are today resuming their picketing at the premises of the Ministry of Finance today to protest the non-payment of coupons and principals.
Convener of the forum, Dr. Adu Anane Antwi is disappointed over government’s inconsistency regarding assurances to pay all pensioners their outstanding coupons and principals of bond investments.
He vowed resumption of the picketing at the Ministry “everyday until government honours its obligations to pension bondholders
It will be recalled that on April 14, the ministry of Finance announced that its Joint Technical Committee constituted on January, 18 2023 to engage participants of government’s Domestic Debt Exchange Programme (DDEP) will reconvene and “agree on a pathway, towards the settlement of the outstanding debt obligations, by April, 28, 2023.
the Pensioners Bondholders Forum denied that no such decision was reached.
It therefore expressed much surprise about the misleading statement contained in paragraph two of the Ministry of Finance Press Release of April 14, 2023.
“We wish to state finally that if the payments of all outstanding coupons and principals are not made by April 28, 2023, we shall be left with no other option than to resume our picketing at the premises of the Ministry to further press home our demand for the payment of all coupons and principals in arrears, and an end to payment delays,” Convener of the Forum said.
The bondholders threatened to resume picketing if the government failed to pay all outstanding coupons and principals of bond investments by April 28, 2023.