Gov’t Settles GH¢10bn Interest Under DDEP

Spread the love

The Government of Ghana has announced the payment of GH¢10 billion in interest obligations under the Domestic Debt Exchange Programme (DDEP).

In a statement issued on Wednesday, February 18, 2026, the Ministry of Finance said the payment represents the sixth coupon settlement under the programme and the second full cash payment made without any Payment-In-Kind (PIK) component.

“The Government of Ghana has paid GH¢10 billion in interest obligations under the Domestic Debt Exchange Programme (DDEP),” the statement said.

The Ministry explained that the settlement covers Cedi-denominated DDEP coupon obligations in line with the restructuring memorandum and the government’s broader debt management and fiscal consolidation strategy.

THIS IS TRENDING:   Akufo-Addo Orders Deployment of Additional Military Forces to Fight Galamsey

According to the release, the timely payment reflects strengthened fiscal capacity and improved solvency.

“This payment marks the sixth coupon settlement under the programme and represents the second full cash payment without any Payment-In-Kind component, reflecting strengthened fiscal capacity and solvency,” the statement noted.

The Minister of Finance, Cassiel Ato Forson, indicated that the development sends a strong positive signal to domestic and international investors.

The Ministry added that the move is expected to reinforce market confidence, support Ghana’s credit outlook and enhance stability within the financial sector, including banks and pension funds.

About Juventus Kantaayel

Juventus Kantaayel is a Ghanaian news/content writer with three years of experience, known for detailed and timely reporting on issues in Ghana and beyond.

Check Also

PAC Summons Okoe-Boye Over GH¢20m Payment for Unstarted Parliamentary Hospital Project

Spread the love Parliament’s Public Accounts Committee (PAC) has summoned former Minister of Health, Bernard …