Business News of Monday, 28 December 2020Source: www.ghanaweb.comGovt pays ¢1 billion out of debt owed SSNITDr. John Ofori-Tenkorang, Director-General of the Social Security and National Insurance TrustThe Director-General of the Social Security and National Insurance Trust (SSNIT), Dr. John Ofori-Tenkorang, has disclosed that the government has so far paid GH¢1 billion out of its debt owed to the trust. Although the Director-General did not mention the total amount owed, he said the part payment was made through the issuance of quarterly bonds and cash payments. Speaking in an interview with Graphic Business, the SSNIT boss said his outfit engaged the government in 2019 on the debt payment. “We received GH¢500 million in the first quarter of 2020, another GH¢500 million in the second quarter, the third quarter has ended and hopefully we will get another GH¢500 million. The Director-General also indicated that SSNIT would resolve the differences in the payment of the lump sum for people who went on retirement this year.

Source: GhanaWeb December 28, 2020 15:11 UTC