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BusinessHeadlines

DDEP: Gov’t pays GH¢9.7 billion to Bondholders

The Government of Ghana has disbursed GH¢9.7 billion to bondholders under the Domestic Debt Exchange Programme (DDEP).

Emmanuel Agyabeng
By
Emmanuel Agyabeng
Published: August 19, 2025
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The Government of Ghana has disbursed GH¢9.7 billion to bondholders under the Domestic Debt Exchange Programme (DDEP).

The Ministry of Finance in a statement said the payment (GH¢9,698,815,220.17) , made on Tuesday, brings total disbursements under the programme this year to GH¢19.4 billion.

Officials say the move is not just another routine payment, but signals government’s commitment to honouring its obligations, protecting investor confidence, and restoring credibility to Ghana’s debt management framework.

As part of measures to strengthen repayment, government has introduced two new safety mechanisms — a Cedi Sinking Fund and a US Dollar Sinking Fund — to support the settlement of 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.

Launched in 2022, the DDEP remains a central feature of Ghana’s economic recovery programme. While it has faced public debate and criticism, officials maintain that the latest disbursement demonstrates government’s resolve to stabilize the economy and sustain debt restructuring efforts.

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.

Source: Starrfm.com.gh

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TAGGED:ato forsonBond marketDDEPDomestic Debt Exchange ProgrammeEmmanuel AgyabengGhana
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