Categories: Local news

Gov’t Settles GH¢9.7bn Coupon Payment Under DDEP

The Ministry of Finance has confirmed the successful settlement of a GH¢9.7 billion coupon payment under the Domestic Debt Exchange Programme (DDEP).

In a statement issued on Tuesday, the Ministry disclosed that a total of GH¢9,698,815,220.17 was disbursed, bringing the total payments made under the programme in 2025 alone to GH¢19.4 billion.

Commitment to Investors

The Ministry said the latest payment demonstrates Government’s unwavering commitment to honouring the Memorandum of Understanding signed with investors during the debt restructuring exercise. Officials stressed that the move is expected to boost investor confidence and strengthen Ghana’s fiscal credibility.

New Sinking Fund Accounts

To further safeguard future debt repayments, Government has established two dedicated sinking fund accounts as outlined in the 2025 Mid-Year Fiscal Policy Review and in line with the Public Financial Management Act, 2016 (Act 921), as amended.

These include:

  • Cedi Sinking Fund Account
  • US Dollar Sinking Fund Account

The funds are expected to serve as liquidity buffers, ensuring the timely redemption of bonds maturing in 2026, 2027, and 2028.

Assurances on Debt Obligations

The Ministry reassured both investors and the general public that all subsequent debt obligations, including those under the DDEP, will be honoured in full and on schedule.

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