The Ghana Registered Nurses and Midwives Association (GRNMA) is rejecting the government’s debt exchange programme.
The Association says government denying pensioners access to their tier 3 funds after 5-15 years of waiting for maturity on their investments is unacceptable.
In a statement signed by the President of GRNMA, Perpetual Ofori Ampofo, the group described the debt exchange program as unfair, since their pensioners will bear the brunt of the government’s fiscal indiscipline through the debt exchange programme.
“The leadership of the Ghana Registered Nurses and Midwives Association (GRNMA) wishes to register its dismay and disappointment at the proposed debt exchange programme as announced by the Minister of Finance on December 5, 2022.”
“It is unacceptable that a government that budgets 18% inflation in 2023 will consider zero interest for pension funds of poor, hardworking, law-abiding citizens within the same period.”
Government launched the Debt Exchange Programm on Monday, December 5, 2022, as part of efforts to reduce the country’s debt burden.
