Pensioners who own government bonds have signaled a willingness to talk with the government on the government's request to exclude them from the debt swap scheme.
The pensioners are concerned that including their cash in the scheme will jeopardize their livelihood even further.
Dr. Adu Antwi, the Convenor for Pensioners, said that the government merely needs to listen to their concerns.
"The government claims their money will not be put under the new procedures for people who have yet to come on pension, and we are arguing that for those of us on pension, we have already got our money, so exclude us too from the exchange," Dr. Antwi added.
In December 2022, the government announced that individual bondholders who had previously been excused from the Debt Exchange scheme would be included, extending the registration deadline to January 16, 2023.
Senyo Hosi, Convener of the Individual Bondholders' Forum, has branded the government's Domestic Debt Exchange scheme as oppressive.
He lamented the fact that if the debt scheme is approved, about 60-70% of individual investors' capital may be lost.
"Today I see people's lives fading away, in some cases 60%-70% of their money is gone," an enraged Mr Hosi remarked on Eyewitness News. Some people may not even survive long enough to benefit from the existing scheme. It's a pretty terrible scenario, and I'm becoming aware of my duty. What's going on is wrong, it's nonsense, and it's oppressive. It undermines the entire financial process".