The government has announced the payment of GH¢9.7 billion as part of its coupon obligations under the Domestic Debt Exchange Programme (DDEP).
In a statement issued on Tuesday, the Ministry of Finance said the payment, made on August 19, 2025, brings the total disbursements under the program this year to GH¢19.4 billion. The ministry described the move as a clear demonstration of the government’s commitment to honouring the terms of the DDEP and boosting investor confidence.
“The payment demonstrates Government’s unwavering commitment to honouring the terms outlined in the Memorandum of Understanding signed under the exchange programme and is expected to strengthen investor confidence and support fiscal credibility,” the statement read.
The ministry also disclosed that, in line with the 2025 Mid-Year Fiscal Policy Review, two dedicated sinking fund accounts have been established—a Cedi Sinking Fund Account and a US Dollar Sinking Fund Account—as mandated by the Public Financial Management Act, 2016 (Act 921). These funds are expected to serve as liquidity buffers to ensure the timely redemption of upcoming loan obligations, including bonds maturing in 2026, 2027, and 2028.
The government further assured investors and the general public that subsequent obligations under the DDEP would be honoured “fully and on time”.
The DDEP, introduced in 2023 as part of Ghana’s debt restructuring efforts, has been a critical component of the country’s economic recovery plan under the International Monetary Fund (IMF)-supported programme.
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