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
-
Peace Pacts, Political Widows & Other Campaign Strategies
5 minutes -
Boy, 12, dies from injuries after Sydney shark attack
11 minutes -
South Sudan army chief gives soldiers seven days to crush rebellion
24 minutes -
Nkrumah Park raked in GH¢10m in 2025: 266,000 tourists visited facility – Executive Director
1 hour -
Ukraine condemns ‘brutal’ Russian strikes ahead of second day of peace talks
2 hours -
Mandela’s prison key, sunglasses and shirt can be sold after daughter wins court battle
2 hours -
GES cautions public against fake recruitment letter circulating on social media
2 hours -
Prof. Gyampo welcomes joint task force and currency stability to support transport sector
2 hours -
Kennedy Agyapong campaign team says peace pact was not received before NPP signing
2 hours -
Roads Minister urges chiefs to monitor road contractors as Mahama pushes infrastructure completion
2 hours -
Police arrest 38-year-old man over suspected narcotics in a GHS vehicle
2 hours -
2,949 killed in 14,743 road crashes in 2025 – NRSA
2 hours -
Inusah Fuseini: Ofori-Atta’s wife confronted ex-AG Gloria Akuffo over ‘slow’ NDC trial pace under Akufo-Addo
3 hours -
Joy FM’s Strong and Sassy has a new host, aKorfa
3 hours -
Joy at the Mall: Day 2 in full swing at Achimota Retail Centre
3 hours
