Debt Exchange Programme: Engage Stakeholders To Dispel All Misconceptions – Kokofu Tells Gov’t | General News

The Chief Govt Officer (CEO) of the Environmental Safety Company (EPA), Henry Kwabena Kokofu, has suggested the general public to not garbage the federal government’s Debt Change Programme.

The federal government in December final 12 months introduced an modification to the preliminary Home Debt Change programme (DDEP), underneath which particular person bondholders are requested to undergo a “voluntary” change of their home bonds for brand new bonds.

However there’s a robust opposition in opposition to this programme because the Particular person Bondholders’ Discussion board (IBF), a voluntary group of particular person bondholders, have kicked in opposition to it and Pensioner Bondholders Discussion board has additionally petitioned authorities to exempt all pensioners holding sovereign bonds from the programme.

Addressing the difficulty on Peace FM’s morning present “Kokrokoo”, Henry Kokofu requested the leaders spearheading this programme to have interaction the stakeholders to obviously perceive its significance and likewise disabuse the minds of Ghanaians of any misconceptions.

He additionally assured most of the people that the federal government means properly with this Debt Change Programme.

“Having stakeholder engagements with those that have been affected to get their buy-in is essential. I do know the leaders will not result in this coverage; there have been consultations however additional stakeholder engagement could be very vital . . . But when we have now rubbished all the pieces and make it appear as if we’re insensitive to the plight of the individuals it is not a superb factor,” he mentioned.