However, he said the government could modify some of the terms given to individual bondholders.
Speaking on an unaired episode of PM Express Business Edition, Mr Ofori-Atta promised that his outfit would address some of the concerns of bondholders and individual pensioners.
He told George Wiafe that “we have a situation where the exchange of our debt is necessary… I think we have succeeded.
“In the same way, we’re sitting with the Union pension, and I think we’ve made a lot of progress in terms of what we’re doing. In the same way we’re sitting with individual bondholders to see how we can tweak this. Are we going to lose a little bit of what we have ?I think we are all going. But we have to make sure that what we are going to do will create sustainability,” he said.
He cited an example with the Zero Coupon for 2023. For the Minister, “that has to change.”
Mr. Ofori-Atta said the government is targeting 80 percent participation in the program to help the government move forward with plans to restructure the crisis-hit economy.
“This is a voluntary program and the hope is that we have 80 percent participation and therefore, it should be factual for everyone,” Mr. Ofori-Atta said.
He also assured that the welfare of Ghanaians will be taken into account in completing the programme.