The Government of Ghana and the Ghana Insurers Association (GIA) have reached an agreement on the participation of insurance companies in the Domestic Debt Exchange Programme (DDEP).
In a release sighted by Thinknewsonline.com, under the agreement, insurance companies will participate in the Exchange on similar terms as the banks.
The release said "That the Government through the solvency window of the Ghana Financial Stability Fund (GFSF) will provide support for the insurance companies that are seriously affected by the DDEP"
It added that the objective is to protect jobs and the stability of the industry.
Below is a copy of the release:
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