• About
  • Advertisements
  • Terms of Use
  • Contact
Thursday, July 3, 2025
The Sikaman Times
Advertisement
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
No Result
View All Result

DDEP: Government Pushes Forward Deadline Again

by The Sikaman Times
January 16, 2022
DDEP: Government Pushes Forward Deadline Again
ShareTweetSendShareSend

The government has extended the deadline for the Debt Exchange Program from today, January 16, to January 31, 2023, to enable it to woo support for the program.

According to a statement issued by the Finance Ministry on Monday, this is “to further engage with stakeholders, especially individual bond holders, to mitigate any adverse impacts.”

“Important discussions are ongoing with financial institutions, notably in relation to forbearance measures, accounting treatment, as well as the structure and parameters of the Ghana Financial Stability Fund (GFSF),” the statement furthered.

This is the third time the government has extended the deadline for the bondholders to voluntarily exchange their bonds for new ones after initial deadlines of December 31, 2022, and January 16, 2023.

Prominent in the DDEP for the last few days have been strong agitations from the Individual Bond Holders Association of Ghana (IBHAG), who have demanded an exclusion from the program.

Organised Labour had also rejected the inclusion of pension funds in the program, as according to them, it would be inimical to the welfare of pensioners.

A close ally of the executive and a lawyer, Gabby Asare Otchere-Darko, called in a Twitter post for a compromise from the individual bondholders, as their total rejection of the program would mean serious economic consequences while making their investments “potentially worthless.”

Below is the statement from the Finance Ministry:

 
Advertisement Advertisement
ShareTweetSendShareSend
Previous Post

Ghanaian Netizens Bash Presidency Over Artiste Video Shoot at Jubilee House

Next Post

NR: GNFS Sensitizes Tamale NMTC On Fire Prevention and Control

Related Posts

Ghana enforces new gold trading law: unlicensed dealers to face heavy fines, jail terms
Banking & Finance

Ghana enforces new gold trading law: unlicensed dealers to face heavy fines, jail terms

July 2, 2025
Vitality Restored Retreat 2025
General

Vitality Restored Retreat 2025: A Transformational Holistic Health Experience in Ghana

July 2, 2025
Kofi Bentil of IMANI
Business

24-hour economy: realistic ambition or expensive fantasy? – Kofi Bentil asks

July 2, 2025
The 24-hour economy logo
Business

Gov’t to officially launch flagship 24-hour economy today

July 2, 2025
Communications Minister, Sam Nartey George
Business

Telcos begin data bundle boosts following July 1 directive

July 1, 2025
President John Mahama
General

Mahama preaches unity and integrity at National Thanksgiving Day

July 1, 2025
Next Post
NR: GNFS Sensitizes Tamale NMTC On Fire Prevention and Control

NR: GNFS Sensitizes Tamale NMTC On Fire Prevention and Control

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Vitality Restored Retreat 2025

    Vitality Restored Retreat 2025: A Transformational Holistic Health Experience in Ghana

    2 shares
    Share 1 Tweet 1
  • Ghana enforces new gold trading law: unlicensed dealers to face heavy fines, jail terms

    1 shares
    Share 0 Tweet 0
  • Gov’t to officially launch flagship 24-hour economy today

    1 shares
    Share 0 Tweet 0
  • N/R: Aggrieved NPP youth protest closure of chairman Samba’s filling stations

    5 shares
    Share 2 Tweet 1
  • 24-hour economy: realistic ambition or expensive fantasy? – Kofi Bentil asks

    1 shares
    Share 0 Tweet 0
The Sikaman Times

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Follow Us

Browse by Category

  • Africa
  • Ahafo
  • Art & Entertainment
  • Arts & Entertainment
  • Ashanti
  • Aviation
  • Banking & Finance
  • Bono East
  • Brong Ahafo
  • Business
  • Business
  • Central
  • Communication
  • Culture
  • Eastern
  • Economy
  • Education
  • Entrepreneurship & Local Business
  • Exclude
  • Features
  • General
  • Ghana
  • Greater Accra
  • Health
  • Health
  • International
  • International Trade
  • Lifestyle
  • Lifestyle
  • Media
  • National
  • News
  • North East
  • Northern
  • Oil & Gas
  • Oti
  • Politics
  • Politics
  • Real Estate
  • Regional
  • Relationship
  • Relationship
  • Religion
  • Savannah
  • Social
  • Social
  • Sports
  • Sports
  • Technology
  • Trade
  • Transportation
  • Uncategorized
  • Upper East
  • Upper West
  • Volta
  • Western

Recent News

Ghana enforces new gold trading law: unlicensed dealers to face heavy fines, jail terms

Ghana enforces new gold trading law: unlicensed dealers to face heavy fines, jail terms

July 2, 2025
Vitality Restored Retreat 2025

Vitality Restored Retreat 2025: A Transformational Holistic Health Experience in Ghana

July 2, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

About Us

© 2024 - The Sikaman Times

No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus

About Us

© 2024 - The Sikaman Times

QUICK LINKS

About

Privacy Policy

Terms Of Use

Advertisement

Contact

FOCUS

Ghana

Africa

International

CATEGORIES

General News

Business

Opinions

Politics

Technology

EXTRAS

Sports

Entertainment

Health & Wellness

STAY CONNECTED

Facebook Twitter Youtube Instagram Linkedin

© COPYRIGHT 2022-2025
The Sikaman Times