US$150 million compensation for pensioners and depositors

Government is set to make a US$150 million equivalent compensation to small and vulnerable depositors as well as pensioners for losses incurred during currency reform process.

Staff reporter

As part of a broader reform process under the TSP, Government through the Central Bank introduced market determined exchange rate through the Monetary Policy of (SI 33 of 2019) on 20 February 2019.

This entailed

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