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Government pays GH¢10bn DDEP interest, signals fiscal recovery

Finance Minister to present 2025 Budget to Parliament on March 10
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The Government of Ghana has paid GH¢10 billion in interest obligations under the Domestic Debt Exchange Programme (DDEP), marking a significant milestone in its ongoing debt restructuring efforts.

In a press release issued by the Ministry of Finance on Wednesday, February 18, 2026, the payment was described as the sixth coupon settlement under the programme. It also represents the second full cash payment made without any Payment-In-Kind (PIK) component — a development the Ministry says reflects strengthened fiscal capacity and improved solvency.

According to the statement, the settlement covers cedi-denominated DDEP coupon obligations in line with the restructuring memorandum and the government’s broader debt management and fiscal consolidation strategy.

The Ministry noted that the timely payment sends a strong positive signal to both domestic and international investors, reinforcing market confidence. It added that the move is expected to support Ghana’s credit outlook and enhance stability within the financial sector, particularly among banks and pension funds.

Government reaffirmed its commitment to meeting future DDEP obligations, citing strong financial buffers, improving macroeconomic fundamentals, declining inflation, lower interest rates, and a stable cedi as key supportive factors.

The release was issued by the Public Relations Unit of the Ministry of Finance.

By: Bernard Mensah

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