This directive was announced by Finance Minister Dr. Mohammed Amin Adam during a UK Town Hall meeting over the weekend.
Dr. Adam emphasised that the disbursement is to be completed by October, highlighting the government's prioritisation of citizens' welfare.
"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.
He noted, "While individuals are accountable for their investment decisions, the government recognises the suffering of those affected, including reports of fatalities and suicides. We have already provided bailouts and will now release an additional ¢1.5 billion to those impacted."
Dr. Adam clarified that although the government is not typically responsible for individuals' investment choices, it has shown exceptional care by offering support during this crisis.
Relatedly, the Finance Ministry has announced the end of the domestic debt restructuring.
According to the Member of Parliament for Karaga, the government has successfully restructured its debt of 5.1 billion dollars with these creditors, in addition to concluding the restructuring of 13.1 billion dollars with Eurobond holders.