The Government has paid GH¢10 billion in interest obligations under the Domestic Debt Exchange Programme (DDEP).
A statement issued by the Ministry of Finance on Wednesday in Accra stated that the payment marks the sixth coupon settlement under the programme and represents the second full cash payment without any Payment-In-Kind component, reflecting strengthened fiscal capacity and solvency.
It said the settlement covers cedi-denominated DDEP coupon obligations in line with the restructuring memorandum and the government’s broader debt management and fiscal consolidation strategy.
“The timely payment sends a strong positive signal to domestic and international investors, reinforces market confidence, and is expected to support Ghana’s credit outlook while enhancing stability within the financial sector, including banks and pension funds,” it added.
The ministry assured Ghanaians of the Government’s full commitment to meeting future DDEP obligations, supported by strong buffers, improving macroeconomic fundamentals, declining inflation, lower interest rates, and a stable Cedi.
Joyce Adwoa Animia Ocran, ISD
