The Government of Ghana has announced the payment of GH₵10 billion in interest obligations under the Domestic Debt Exchange Programme (DDEP), a move officials say demonstrates strengthened fiscal capacity and commitment to meeting debt obligations.
According to a press release issued by the Ministry of Finance on Wednesday, the payment represents the sixth coupon settlement under the programme and the second full cash payment without any Payment-In-Kind component. Authorities say this reflects improving macroeconomic conditions and the country’s ability to meet its financial commitments.
The settlement covers cedi-denominated DDEP coupon obligations in line with the restructuring memorandum and government’s broader debt management and fiscal consolidation strategy.
Officials noted that the timely payment sends a positive signal to both domestic and international investors, reinforcing market confidence and supporting Ghana’s credit outlook. The government also expects the move to strengthen stability within the financial sector, particularly among banks and pension funds.
The Finance Ministry further emphasized that Ghana remains fully committed to honoring future DDEP obligations, supported by what it described as strong financial buffers, improving economic fundamentals, declining inflation, lower interest rates, and a stable cedi.
The Domestic Debt Exchange Programme was introduced as part of Ghana’s broader economic recovery strategy aimed at restoring debt sustainability while protecting the financial system.
