Bonds: Bear with us; ability to pay a struggle – MoF begs pensioners
![](https://cdn.classfmonline.com/cfoZ41e/imagelib/thumbs/33693442.jpg)
The Deputy Finance Minister Abena Osei Asare has said the government's failure to meet coupon deadlines for pensioner bondholders is not on purpose.
"We don't intentionally stop them [payment], sometimes it's difficult, it is the ability to pay and, so, when it is not there, it becomes a challenge, but we also have to communicate that to you", she told the picketing pensioners on Thursday, 1 June 2023.
The pensioners resumed their picketing after the government, once again, failed to honour its side of the bargain regarding the deadlines for coupon payment.
Explaining issues to the seniors who defied the morning rains to picket the ministry, the deputy minister said, "so, for now, our focus should be on the five outstanding [coupons], and then we talk about how we will manage the principal payment".
"I sincerely appreciate where you are coming from", she empathised, noting: "This has never happened when coupons are ready for payment and the government is struggling to pay, but currently, we all know the circumstances we find ourselves in, so, I will plead with you; so, let's sit and clear, and then we will see the way forward".
Source: Classfmonline.com
Trending News
Mahama'll not debate ‘intelligent liar’ Bawumia, he should debate kayayoos, traders like he said – Asiedu Nketia
06:07Momo vendor robbed GHS 55k in broad day light
06:17NPP Volta defends Akufo-Addo's honorary degree amid NDC Volta youth criticism
13:40Next NDC gov’t'll legislate presidential debates if we want it to be part of our democracy – Asiedu Nketia
06:09Yagbonwura is my grandfather and overlord | I won't undermine him - Abu Jinapor
16:47We’ll beat and hand you over to the Police if you disrupt any NDC event again – Gbande to Koku Anyidoho
12:43Bawumia-Napo ticket good for NDC – Asiedu Nketia
09:37Dec polls: Voting on Saturday doesn't align with our beliefs – SDA
05:39We’ve received your petition to probe Ofori-Atta, Ghana Auto Group Ltd – OSP to Ablakwa
12:27Dec Polls: Asiedu Nketia questions ECOWAS, AU over Akufo-Addo’s influence on key election institutions
08:53