According to the Ministry of Finance, the most recent extension of the domestic debt exchange programme has received a positive response.
The Ministry stated that the response from various stakeholders and individuals has been positive since it opened a three-day administrative window for bondholders who have yet to complete the registration processes to do so.
This was revealed by Deputy Finance Minister Abena Osei-Asare, who spoke on behalf of the Finance Minister at the 2023 State Internet and Governance Authority Annual Stakeholders Engagement in Kwahu on Thursday, February 9.
According to her, the DDEP will achieve the expected results.
“The government has responded decisively by responding to the crisis by adopting several measures to reset the economy and restore macro-economic stability. In connection with our debt exchange programme, the exercise was closed on Tuesday and a three-day administrative window opened to end on Friday for a few people who have to go through the respective processes to go through.
“We have received a considerable response from most of the stakeholders, institutions and for that we are grateful,” Osei-Asare said.
Meanwhile, Finance Minister Ken Ofori-Atta has been summoned to appear before the House to give a briefing on the government’s domestic debt exchange programme.
The summon was granted after some MPs on the Minority side had raised concerns over the handling of the DDEP by the Minister.
“Parliament is ever prepared to assist government to get out of this quagmire. So, what I can say now is that, parliament has spoken and that is the end of it. The Minister must be scheduled by the business committee as early as possible because this is an urgent matter because the pensioners are picketing at the Ministry. We need to do this as quickly as possible. Business Committee should schedule the Minister to appear before the house for a brief on the state of affairs.”