21.4 C
London
Thursday, June 26, 2025
No menu items!

There won’t be ‘haircuts’ on investments

The President, Nana Addo Dankwa Akufo-Addo has assured that government does not intend to slash the returns made on investments as speculated.

President Akufo-Addo gave the assurance when he addressed the nation on Sunday following economic challenges currently confronting the country.

“I also want to assure all Ghanaians that no individual or institutional investor, including pension funds, in Government treasury bills or instruments will lose their money, as a result of our ongoing IMF negotiations. There will be no “haircuts”, so I urge all of you to ignore the false rumours, just as, in the banking sector clean-up, Government ensured that the 4.6 million depositors affected by the exercise did not lose their deposits,” he added.

 

 

 

 

Latest news

Related news

LEAVE A REPLY

Please enter your comment!
Please enter your name here