Individual Bondholders Forum

Individual Bondholders Forum Proposes How To Save ¢83bn In Government Expenditure

Individual Bondholders Forum Proposes How To Save ¢83bn In Government Expenditure

The Individual Bondholders Forum (IBF) says it has proposed measures for the government to make savings on its expenditure. According to the IBF, these measures if implemented could save the country some GH¢83 billion. The Forum made this known in a press release issued on Thursday, January 26, after its work with the joint technical committee set up by the Finance Minister to consider their issues. Providing update on the committee’s work, the Forum said it did its best in the discharge of its duties on the committee based on the terms of reference provided. “However, it is important to…
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Individual Bondholders Forum To Meet Finance Minister Over Debt Exchange Programme

Individual Bondholders Forum To Meet Finance Minister Over Debt Exchange Programme

The Ghana Individual Bondholders Forum has been invited to a meeting with Finance Minister, Ken Ofori-Atta on Wednesday, January 18, 2023. This follows a petition to the Minister for members to be excluded from the government’s domestic debt exchange programme. Among other things, the forum which consists of persons holding investments in the Government of Ghana’s Local Cedi Bonds, Government of Ghana’s Local USD Bonds, ESLA PLC Bonds, Daakye Bonds, Ghana Eurobonds, and others says the announcement of the programme has been extremely unsettling and catastrophic for its members and others affected. The group argues that the programme is one of…
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