The Government has exempted all pension funds from the Debt Exchange Programme.
The decision was taken at a meeting between labour unions in Ghana with the government side, represented by the Ministers of Finance, Employment, and National Security, today, December 22, 2022, at the Ministry of Finance.
The meeting afforded both parties to discuss the Government’s domestic Debt Exchange Programme (DEP) and its implications for pensions.
The parties have also agreed to form a committee with organised labour representation to brainstorm and agree on how the government can make up for the DEP’s income shortfall.
The Committee comprised four representatives from Government and three representatives from Organised Labour. They are expected to submit a report on December 28.
“We believe that Government and Organised Labour can work together in the spirit of social partnerships to resolve all outstanding issues to make the Debt Exchange Programme successful towards restoration of macroeconomic stability and economic recovery,” the MoU signed between the paries disclosed.
By: Rainbowradioonline.com/Ghana
