Skip to main content

Gov’t settles GH¢9.7bn coupon payment under DDEP


The Ministry of Finance has announced the successful completion of another coupon payment under the Domestic Debt Exchange Programme (DDEP).

In a statement, the Ministry confirmed that a total of GH¢9,698,815,220.17 was disbursed for this obligation.

This brings total payments under the DDEP in 2025 alone to GH¢19.4 billion.

According to the Ministry, the latest payment reflects the Government’s unwavering commitment to honouring the terms outlined in the Memorandum of Understanding signed with investors under the exchange programme. Officials say the move is also expected to strengthen investor confidence and bolster Ghana’s fiscal credibility.

As part of measures to safeguard future debt repayments, the Government has created two dedicated sinking fund accounts in line with the 2025 Mid-Year Fiscal Policy Review and the provisions of the Public Financial Management Act, 2016 (Act 921), as amended.

These include a Cedi Sinking Fund Account and a US Dollar Sinking Fund Account, which will serve as liquidity buffers to ensure the timely redemption of bonds maturing in 2026, 2027, and 2028.

The Ministry further assured both investors and the public that all subsequent debt obligations, including those under the DDEP, will be honoured fully and on schedule.

 

Labels:

Comments

Post a Comment

Popular posts from this blog

Kenpong Travel & Tours Champions Breast Cancer Awareness During Customer Week

  As part of activities to mark Customer Week, Kenpong Travel & Tours, a leading travel agency in Ghana, is joining the global fight against breast cancer. October is Breast Cancer Awareness Month, and the company is passionate about spreading hope and support to those affected. At Kenpong Travel & Tours, we believe that travel and exploration can be therapeutic and empowering. That's why we're committed to supporting our customers and the broader community in the fight against breast cancer. We're proud to stand in solidarity with breast cancer warriors and survivors. At Kenpong Travel & Tours, we believe that everyone deserves a chance to explore the world and create unforgettable memories. Let's prioritize health, support one another, and fight against breast cancer," said Kennedy Agyapong, CEO of Kenpong Travel & Tours. Our efforts are focused on raising awareness, promoting early detection, and supporting those affected by breast cancer. We urg...
Post a Comment
Read more

E&P takes over Black Volta and Sankofa Gold projects after years of delay

 Indigenous mining firm Engineers & Planners (E&P) has acquired Azumah Resources Ghana Ltd and Upwest Resources Ghana Ltd, taking full control of the long-stalled Black Volta and Sankofa gold concessions in the Upper West Region. The transaction, registered with the Registrar of Companies and approved by the Minerals Commission, ends nearly two decades of under-investment, legal disputes, and capital shortfalls that kept the concessions dormant. With global gold prices trading above $3,000 per ounce, the move comes at a time when Ghana is seeking fresh mining revenue to support its IMF-backed fiscal consolidation programme. E&P announced that it has secured funding to begin mine development and has committed to repaying verified debts associated with the projects. Ghana travel guide The company outlined a structured plan that includes: Working with the Ghana Revenue Authority (GRA) to audit and confirm loans previously recorded as project investments. Repaying genuine d...
Post a Comment
Read more

Ghana Property & Lifestyle Expo Ignites Global Interest in Ghana’s Real Estate Market with Landmark Washington DC Edition

  Washington DC, USA – Hundreds of investors, professionals, and diaspora attendees gathered at the Washington Marriott Georgetown for the Ghana Property & Lifestyle Expo (GPLE) – Washington DC Edition , marking the dynamic launch of the 2025 Global Series. The two-day international showcase delivered a powerful mix of credible investment opportunities, expert insights, and strategic networking, spotlighting Ghana’s booming real estate sector as a leading destination for property and lifestyle investment in Africa. From luxury apartments and serviced plots to gated communities and commercial developments, attendees experienced the best of Ghana’s property landscape—featuring top developers from Accra and Kumasi, including Royal Kingdom Estate, Goldkey Properties, Devtraco Plus, Clifton Homes , and others.   Eddy Acquah Moderator & AJ Akua Johnson Brand Ambassador GPLE (Actress , Fitness Coach & Philanthropist) [/caption] Ambassador Victor Smith Applauds Expo’s Rol...
Post a Comment
Read more