The Ministry for Finance has reacted to claims that about 94% of Tier 2 pension contributions placed in government securities will be affected by a supposed debt restructuring move by the government.
The reports had suggested that about GHC3.7 billion of the GHC3.9 billion Tier 2 pension contributions placed in government securities may be affected by the Debt Restructuring Programme.
A statement by the Ministry for Finance said such fears and publications were without merit and do not auger well for the country’s financial sector.
Read the full statement below:
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