The Government of Ghana has announced the successful payment of GH₵10 billion in interest obligations under the Domestic Debt Exchange Programme (DDEP), marking the sixth coupon settlement since the programme’s inception.
According to a statement issued by the Ministry of Finance, the latest settlement represents the second full cash payment without any Payment-In-Kind component, reflecting strengthened fiscal capacity and improved solvency. The payment covers cedi-denominated coupon obligations in line with the restructuring memorandum and forms part of Government’s broader debt management and fiscal consolidation strategy.
Officials noted that the timely settlement sends a strong positive signal to both domestic and international investors, reinforcing market confidence and supporting Ghana’s credit outlook. The Ministry added that the move is expected to enhance stability within the financial sector, particularly among banks and pension funds.
Government reaffirmed its commitment to meeting future DDEP obligations, citing strong buffers, improving macroeconomic fundamentals, declining inflation, lower interest rates, and a stable cedi as indicators of resilience.
The Ministry of Finance underscored that the payment demonstrates Ghana’s determination to restore fiscal discipline and credibility in the eyes of investors, while ensuring the sustainability of the country’s debt management framework.
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