It is now becoming clear that what appeared to have been government’s intransigence in the matter concerning amendments to the pensions Act of 2008, which saw workers pensions being cut from 50% of their average best three years contributions to 37%, was indeed an act of desperation to save the scheme from collapse by the very people who had brought it to its knees.
The Citi Breakfast Show discussed the issue.
Another section of the show focused on IMF’s approval of Ghana’s loan request.