The Ministry of Finance has completely cleared its latest financial hurdle, pushing out a massive GH¢10.8 billion DDEP coupon payment directly into the accounts of domestic bondholders this Wednesday.
This transfer, officially tallied at exactly GH¢10,816,840,318.26, marks the third consecutive time authorities have managed to settle their restructured debt obligations entirely in cash without missing the statutory deadline. This latest transaction pushes the total funds injected back into the hands of local investors to a staggering GH¢41.36 billion since the start of 2025.
Securing liquidity for such heavy financial commitments has historically tested the treasury. However, the public relations unit at the Ministry was quick to highlight this milestone as solid proof that state coffers are finally stabilizing.
"The timely payment demonstrates Government's fiscal discipline and firm commitment to meeting all its debt obligations," the official release noted.
Instead of attempting to roll over the debt or offering alternative paper instruments, handing over hard cash represents a deliberate, calculated strategy to repair fractured trust across the local financial sector.
Easing Sovereign Default Fears
Financial authorities are betting heavily on these scheduled cash drops to flip the negative narrative surrounding the country's creditworthiness.
State officials believe that honoring this specific payout will fundamentally "strengthen investor confidence, reduce sovereign default risk and reinforce Ghana's financial credibility" across both local and international markets.
For domestic bondholders who absorbed painful haircuts during the initial debt exchange rollout, receiving actual liquidity exactly when promised offers profound relief.
Going forward, the government is leaving absolutely zero room for market speculation. The Ministry categorically assured the investment public that every single future obligation tied to the domestic exchange scheme will hit their accounts fully in cash and precisely on schedule.
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