Audio By Carbonatix
Government has pumped GH¢9.7 billion into the economy in its latest coupon payment under the Domestic Debt Exchange Programme (DDEP).
The Finance Ministry, in a statement, confirmed that the sum of GH¢9,698,815,220.17 was disbursed on Tuesday, bringing the total payout under the programme this year alone to a jaw-dropping GH¢19.4 billion.
Officials say the move is not just another routine payment, but a strong signal to investors and the public that government is determined to honour its word, protect confidence in the economy, and restore credibility to Ghana’s debt management efforts.
To further back its promise, government has rolled out two brand-new safety nets — a Cedi Sinking Fund and a US Dollar Sinking Fund — which will serve as financial cushions for repaying bonds maturing in 2026, 2027 and 2028.
“This payment shows our unwavering commitment to meeting our obligations on time,” the Finance Ministry assured in a statement, stressing that all future debts — including those under the DDEP — will be paid in full.
The DDEP, launched in 2022 as part of Ghana’s economic recovery strategy, has often sparked heated debate.
But with this latest payment, observers say government has made it clear it is ready to put its money where its mouth is.
For bondholders and ordinary Ghanaians alike, today’s announcement may mark a much-needed boost in confidence — and a reminder that despite the turbulence, Ghana’s debt ship is still being steered.
Latest Stories
-
GIS 2026 – Lack of bankable businesses threatens to stall US$75 million fund’s impact
10 minutes -
IGP Special Operations team nab 19 persons over alleged drug peddling
13 minutes -
GEXIM@10: Experts discuss AfCFTA and strategies for export growth
15 minutes -
NPP must aim for decisive 2028 parliamentary Majority — Minority Leader
43 minutes -
Ghana not afraid of Germany like a few years ago – Kurt Okraku
47 minutes -
UNESCO-Ghana, Manhyia Palace Museum seal partnership as 2026 Otumfuo Art Awards launched
1 hour -
Ibrahim Mahama faces Police board as assault probe continues
1 hour -
UK–Ghana study tour strengthens partnership on roads and future transport systems
1 hour -
Renting out your Accra apartment: Should you short-let or long-let in 2026?
2 hours -
Government communication alone won’t fix tomato shortage – Dr Charles Nyaaba
2 hours -
Ghanaian community in Switzerland champions inclusive governance at Diaspora Dialogue Series
2 hours -
UN slavery resolution isn’t binding, but revives calls for reparations – Prof Appiagyei-Atua
2 hours -
Ablakwa expresses deep gratitude to UN member states for backing Ghana’s slavery resolution
2 hours -
Gender Minister engages management, introduces new Chief Director at MoGCSP
2 hours -
Last Gallop: The rise, fall and fight for Horse Racing in Ghana
2 hours
