May 30, 2023

His warning follows a directive to the Business Committee of Parliament to summon Finance Minister Ken Ofori-Atta to brief the lawmakers on the ongoing picketing at the Finance Ministry by pensioner bondholders for an exemption from the domestic debt exchange programme.

Bagbin warned the MPs not to speak as though they were in a chop bar or marketplace.

He said: “Use Parliamentary language, not the language in a chop bar or marketplace but in Parliament.”

Ofori-Atta addressing Parliament confirmed that all pensioners who failed to tender their old bonds for new ones under the programme have been exempted.

He stressed that the pensioners have nothing to worry about adding that all their coupons and principals will be honoured when maturity is due.

Ken Ofori-Atta has, however, advised the pension bondholders to stop their continuous picketing at the ministry.

He said the picketing over the controversial domestic debt exchange programme is unnecessary because the exercise was voluntary.

He maintained that the voluntary exercise has concluded and that the government will honour its obligations to bondholders, including retirees who voluntarily opted not to participate in the programme.

Addressing pensioners on Wednesday, February 15, 2023, Ofori-Atta stated that the picketing is now unnecessary.


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