Finance Minister Dr Cassiel Ato Forson has revealed that the Government of Ghana has paid GH¢10 billion in interest obligations under the Domestic Debt Exchange Programme (DDEP).
A statement issued by the Public Relations Department of the Ministry said the payment marks the sixth coupon settlement under the programme.
It also represents the second full cash payment without any payment-in-kind component, reflecting strengthened fiscal capacity and solvency.
According to the Ministry, the payment covers cedi-denominated DDEP coupon obligations in line with the restructuring memorandum and the government’s broader debt management and fiscal consolidation strategy.
“The timely payment sends a strong positive signal to domestic and international investors, reinforces market confidence, and is expected to support Ghana’s credit outlook while enhancing stability within the financial sector, including banks and pension funds,” the statement said.
It added that the government remains committed to meeting future DDEP obligations.
“Government remains fully committed to meeting future DDEP obligations, supported by strong buffers, improving macroeconomic fundamentals, declining inflation, lower interest rates, and a stable cedi.”
By: Rainbowradioonline.com/Ghana
