Government pays GH¢10 billion in DDEP interest, bolstering fiscal credibility

Government has settled GH¢10 billion in interest obligations under the Domestic Debt Exchange Programme (DDEP), marking the sixth coupon payment and second full cash settlement without a Payment-In-Kind component. This reflects improved fiscal strength and solvency, reinforcing market confidence and supporting Ghana’s credit outlook.

The payment aligns with the restructuring memorandum and broader debt management strategy, aimed at restoring sustainability and rebuilding investor confidence.

Ghana’s commitment to meeting future DDEP obligations remains strong, backed by robust buffers, improving macroeconomic fundamentals, declining inflation, and a stable cedi.

This timely payment sends a positive signal to domestic and international investors, enhancing stability within the financial sector, including banks and pension funds.

The DDEP, launched in 2022, aims to restructure Ghana’s debt burden and qualify for IMF support.