The Government of Ghana has paid GH¢10 billion in interest obligations under the Domestic Debt Exchange Programme (DDEP), marking the sixth coupon settlement under the programme.
In a statement the Ministry of Finance said the latest payment represents the second full cash coupon settlement without any Payment-In-Kind (PIK) component, a move that reflects what authorities describe as strengthened fiscal capacity and improved solvency.
The settlement covers cedi-denominated DDEP coupon obligations in line with the restructuring memorandum and government’s broader debt management and fiscal consolidation strategy.
Officials say the timely payment sends a strong positive signal to both domestic and international investors, reinforcing market confidence in Ghana’s ongoing economic recovery efforts.
The Ministry noted that the development is expected to support the country’s credit outlook and enhance stability within the financial sector, particularly among banks and pension funds that hold significant portions of the restructured domestic bonds.
Government further reiterated its commitment to meeting all future DDEP obligations, citing strong fiscal buffers, improving macroeconomic fundamentals, declining inflation, lower interest rates, and a stable cedi as key indicators underpinning its capacity to honour upcoming payments.
The Domestic Debt Exchange Programme was introduced as part of Ghana’s broader debt restructuring efforts aimed at restoring debt sustainability and stabilising the economy.
