The Minister for Finance, Ken Ofori-Atta has said the government expects overwhelming support for the domestic debt exchange programme.
Ofori-Atta said the success of “this necessary endeavour” depends on the public’s cooperation.
Launching the programme in Accra on Monday (5 December), the minister said, “this debt exchange provides an orderly way to put our economy back on track.”
Ofori-Atta said the domestic debt exchange programme is the surest way to restore the economy back on track to create jobs and protect the incomes of Ghanaians.
“The government will take all appropriate measures to safeguard the solvency of the financial institutions involved in the debt exchange,” the minister added.
Ofori-Atta said, “the government has been working hard to limit the impact of the domestic debt exchange on investors holding government bonds.”
“Let us remove any doubt and remove any speculation that the government is about to cut your retirement savings or the notional value of your investment,” he added.