The Pensioner
Bondholders Forum will meet with the Ministry of Finance to discuss the
Ministry’s failure to settle matured coupons and principals.
The group resumed
picketing at the Finance Ministry on Thursday, explaining that the decision was
made because the Ministry had failed to engage them on payment plans.
The government
has also failed to fulfil its previous assurances to the group.
According to the
group, the Finance Ministry has yet to pay matured coupons on their May 15th
and subsequent maturities.
Members of the
Forum suspended their picketing on May 12 after meeting with the Finance
Ministry to have all outstanding coupons paid.
However, after
weeks of waiting to engage with the Finance Ministry to develop a payment
roadmap, the Pensioner Bondholders say they have not heard back from the
Ministry, so they resumed picketing.
Speaking to Citi
News, the Convenor of the group, Dr. Adu Anane Antwi, said the meeting would
determine the next course of action on the payment of members’ principals,
which the group has been trying to engage the Ministry on.
“They couldn’t
say anything about the principal, so they said they would engage us, and that
is the engagement we have been waiting for, we have written two letters, but
the engagement was not forthcoming.”
The Forum defied
Thursday’s rainy weather conditions to picket
at the Finance Ministry, prompting the Deputy Finance Minister, Abena Osei
Asare, to plead with them and schedule a meeting with them.
SOURCE: CITINEWSROOM
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