DMCA.com Protection Status
34.4 C
Kumasi
Sunday, December 4, 2022
Home News Tier 2 Pension Investments Won’t Be Affected By Debt Restructuring, Ignore...

Tier 2 Pension Investments Won’t Be Affected By Debt Restructuring, Ignore This Propaganda – Gov’t

Tier 2 Pension Investments Won’t  Be Affected By Debt Restructuring, Ignore This Propaganda – Gov’t

The Ministry of Finance has disproved claims that the government’s debt restructuring actions will affect approximately 94% of Tier 2 pension contributions placed in government securities.

There are concerns that investments in government securities may be affected by the government’s ongoing debt sustainability analysis, which is being carried out as part of the procedures for securing support from the International Monetary Fund.

According to the reports, the Debt Restructuring Program may have an impact on approximately GH3.7 billion of the GH3.9 billion in Tier 2 pension contributions that are invested in government securities.

However, the Ministry of Finance has stated in a statement that such propaganda should be ignored.

The statement says that these publications and social media warnings have no basis in fact and are meant to undermine confidence in Ghana’s financial system.

However, the Ministry has guaranteed that the Government’s interactions with the IMF,

“both in Accra and in Washington, D.C., on a Program to restore macroeconomic stability, are progressing steadily.”

“We, therefore, encourage all Ghanaians to disregard these publications, which are in no way reflective of the progress of work being done with the IMF.”
Tier 2 Pension Investments Won’t  Be Affected By Debt Restructuring, Ignore This Propaganda – Gov’t

The Ministry further asserted that it had always protected investors’ interests in the financial sector.

Avatar of Adizono Yakubu
Adizono Yakubuhttp://Sarknation.com
My name is Adizono Yakubu, an Award Winning Blogger. Kindly call or wassap 0241128533 for your music uploads and promotions, to create your stories and also promote your crafts to meet larger audience.

RELATED ARTICLES

Adangba & Fasetwo – Suu ( Prod By Adangba) – Download Mp3

Adangba & Fasetwo - Suu ( Prod By Adangba) - Download Mp3  Adangba, a legendary singer from Ghana, collaborates with Fasetwo to release this incredible...

For his “GHANAIAN BY CARD” comedy special, OB AMPONSAH collaborates with the general media

For his "GHANAIAN BY CARD" comedy special, OB AMPONSAH collaborates with the general media Before his much-anticipated comedy masterpiece, "Ghanaian by Card," which is scheduled...

Sally M Is Out With Sophomore Single – MAKOMA

Sally M Is Out With Sophomore Single - MAKOMA Sally M, a Ghanaian singer and rising star who goes by the private name Sally Mugabe...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Adangba & Fasetwo – Suu ( Prod By Adangba) – Download Mp3

Adangba & Fasetwo - Suu ( Prod By Adangba) - Download Mp3  Adangba, a legendary singer from Ghana, collaborates with Fasetwo to release this incredible...

For his “GHANAIAN BY CARD” comedy special, OB AMPONSAH collaborates with the general media

For his "GHANAIAN BY CARD" comedy special, OB AMPONSAH collaborates with the general media Before his much-anticipated comedy masterpiece, "Ghanaian by Card," which is scheduled...

Sally M Is Out With Sophomore Single – MAKOMA

Sally M Is Out With Sophomore Single - MAKOMA Sally M, a Ghanaian singer and rising star who goes by the private name Sally Mugabe...

Black Sherif & Empire – Run (Produced By Joker Nharnah) – Download Mp3

Black Sherif & Empire - Run (Produced By Joker Nharnah) - Download Mp3 Black Sherif collaborates with Empire to come out with this new single titled "Run",...

Recent Comments

%d bloggers like this: