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Ghana’s Government Distributes GH₵6.08 Billion to DDEP Bondholders

by Editorial Team
18 February 2025
in News
Ghana's Government Distributes GH₵6.08 Billion to DDEP Bondholders

The government of Ghana has disbursed GH₵6.081 billion in cash to Domestic Debt Exchange Programme (DDEP) bondholders, following President John Mahama’s directive to settle outstanding coupons and build a financial buffer. Additionally, GH₵3.46 billion has been credited to bondholders’ securities accounts as a Payment-In-Kind (PIK), per DDEP terms.

To enhance debt management, GH₵9.7 billion has been deposited into the Debt Service Recovery Cedi Account (Sinking Fund) to cover upcoming DDEP payments in July and August 2025.

President Mahama reiterated his administration’s commitment to restoring economic confidence, stabilizing the cedi, and creating jobs.

He assured that the 2025 Budget Statement will introduce further measures to enforce fiscal discipline and transparency. The government remains focused on prudent financial management to ensure economic recovery and value for public funds.

 

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