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We’re Engaging Finance Ministry To Ensure Government’s Outstanding Debt Of ¢3.3bn Is Settled – SSNIT

We’re Engaging Finance Ministry To Ensure Government’s Outstanding Debt Of ¢3.3bn Is Settled – SSNIT

The Social Insurance and National Insurance Trust (SSNIT) has given indication that it is engaging the Ministry of Finance to ensure that the government’s outstanding debt of about ¢3.3 billion is settled. The 2021 Auditor General’s Report had revealed that the Government of Ghana owed the Trust ¢4.33 billion. However, in a statement, SSNIT said government has made some efforts to settle part of the indebtedness, adding “in 2020, two bonds totalling ¢1.0 billion were received as part payment of the indebtedness”. It chronicled how the debt came about, saying “the Controller and Accountant General Department (CAGD) as of December…
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