By Nelson Ayivor
Government has paid GH¢10 billion in interest under the Domestic Debt Exchange Programme (DDEP), marking a major milestone in the country’s fiscal consolidation efforts.
The payment, announced in a statement on Wednesday, is the sixth coupon settlement under the programme and the second made entirely in cash, with no Payment-In-Kind component.
The full cash settlement covers cedi-denominated DDEP coupon obligations, in line with the restructuring memorandum and the Government’s broader debt management strategy.
Officials say the move demonstrates strengthened fiscal capacity and solvency, reassuring both domestic and international investors.
“This timely payment sends a strong positive signal to the market, reinforces investor confidence, and is expected to support Ghana’s credit outlook,” the statement said