President Akufo-Addo has directed the Finance Ministry to allocate ¢1.5 billion to aid customers impacted by the banking sector's clean-up initiative.

Finance Minister Dr. Mohammed Amin Adam conveyed this instruction during a UK Town Hall meeting over the weekend.

He stressed that the President's mandate requires the disbursement to be finalized between the present time and October.

Dr. Adam reiterated the government's commitment to the welfare of the Ghanaian populace, clarifying that individuals bear responsibility for their investment choices, not the government.

“Ideally, government should not be held responsible for the investment decisions of individuals, but this government is so caring.

“Mistakes were made and people were not well-informed, and they didn’t know who to consult to be advised, but we also know that the people who are affected are suffering, and we have heard that some people have died and others had to commit suicide.”

“This government is so caring that in the first place, we granted some bailout to all the affected and I want to tell you again that the President has directed that we do another bailout.

“So between now and October, we will release 1.5 billion Ghana Cedis to the affected people,” he said.

Dr. Amin Adam has also revealed the successful completion of Ghana's debt restructuring program with its official creditors.

The Member of Parliament for Karaga emphasized that the government has successfully restructured its debt of $5.1 billion with these creditors, and has also finalized the restructuring of $13.1 billion with Eurobond holders.