The Minister of Finance of Ghana, Ken Ofori-Atta has urged the Board of Trustees of pension funds to allow for pension funds to be included in the government’s new proposed debt restructuring offer.

According to the government, the decision to include pension funds in the program is to alleviate the cash constraints on the government in the coming years, while fully compensating the Pension Funds for the value of their current holdings.

This is not the first time that the government has made this request to use pension funds, and the University Teachers Association of Ghana (UTAG) has again rejected the request.
Atiewin Mbillah-Lawson in Accra completes the story.