Dr. Mohammed Amin Adam, Finance Minister, has urged the public to seek expert advice from financial analysts before investing in bonds or instruments.
He emphasized that investment decisions are individual choices, and the government will not be held responsible for any losses incurred.
Dr. Amin Adam explained that investing always carries a risk of either gaining or losing, making it essential to seek knowledge and advice before investing.
He encouraged individuals to take responsibility for their investment decisions and not rely on the government to bail them out.
While acknowledging that the government is not liable for individual investment decisions, Dr. Amin Adam assured that the government is caring and has earmarked GH¢1.5 billion to compensate those affected by the banking sector cleanup exercise from now to October.
He emphasized the importance of seeking professional advice, even for government investments, to mitigate potential losses.
The minister’s comments came during a town hall meeting in the UK over the weekend.
