Finance Minister Dr. Cassiel Ato Forson announced the successful disbursement of another coupon payment under the Domestic Debt Exchange Programme (DDEP) on Tuesday, August 19, 2025.
According to him, a total of GH¢9,698,815,220.17 was released to meet this obligation, bringing the cumulative amount paid under the programme in 2025 alone to GH¢19.4 billion.
Dr. Forson stressed that this latest payment is indicative of the government’s commitment to honouring the terms agreed upon in the Memorandum of Understanding signed with bondholders under the DDEP. He added that the move is expected to strengthen investor confidence and reinforce fiscal credibility.
As outlined in the 2025 Mid-Year Fiscal Policy Review, the government has also set up two dedicated sinking fund accounts — a Cedi Sinking Fund Account and a US Dollar Sinking Fund Account — in line with the Public Financial Management Act, 2016 (Act 921), as amended. These funds are designed to serve as liquidity buffers to ensure the timely redemption of upcoming loan obligations, including bonds maturing in 2026, 2027, and 2028.
The Finance Minister assured both investors and the general public that all subsequent debt obligations, including those under the DDEP, will be honoured fully and on schedule.
Gov’t fulfils GH¢9.7bn DDEP obligation: Total 2025 payments hit GH¢19.4bn
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