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.

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