The Minister for Finance, Dr. Cassiel Ato Forson, has given a firm assurance to all Domestic Debt Exchange Programme (DDEP) bondholders that the government is ready to honour every cedi owed to them in principal and interest on time.
Addressing Parliament during the presentation of the 2027 Budget Statement and Economic Policy, Dr. Forson specifically urged bondholders whose investments mature on February 16, 2027, to step forward for their funds, stressing that the cash is already available.
He maintained that no domestic bondholder will be left behind, assuring the House that every other DDEP investor will receive their full principal and interest payments strictly on schedule.
Turning his attention to the country’s external debt obligations, the Finance Minister revealed that the government has so far built up approximately US$480 million in its US dollar sinking fund account as of November 11, 2026.
This reserve is being mobilised ahead of major upcoming Eurobond repayments, with US590 million falling due on January 2, 2027, followed by another US580 million on July 2, 2027.
Dr. Forson expressed confidence in the state’s liquidity position, noting that the government remains firmly on track to shore up the sinking fund balance to around US$600 million by December 2026 to seamlessly settle the maturing external obligations.
By: Rainbowradioonline.com/Ghana
