The Minister of State for Government Communication, Felix Kwakye Ofosu, has refuted the New Patriotic Party's claim that the government's recent payment of GH¢6 billion to bondholders was facilitated by buffers left by the previous administration.
In a press briefing on Wednesday, February 19, he challenged NPP officials to specify the location of these buffers.
He emphasised the necessity of identifying and allocating funds in a designated account, known as the Debt Service Reserve Account or sinking fund, prior to making such payments. "For officials of the former government to claim that these payments resulted from their work, they need to point specifically to where those buffers were located.
Because in order to pay the money, you need to find it and lodge it somewhere.
