The Government of Ghana has paid GH¢10 billion in interest obligations under the Domestic Debt Exchange Programme (DDEP), marking a significant milestone in the country’s ongoing debt restructuring process.
The latest disbursement represents the sixth coupon settlement under the programme and notably, the second consecutive full cash payment made without any Payment-In-Kind (PIK) component. This development is being interpreted as a reflection of improved fiscal strength and enhanced solvency.
According to government sources, the payment covers cedi-denominated DDEP coupon obligations in line with the restructuring memorandum and the broader debt management and fiscal consolidation strategy being implemented to stabilise the economy.
Boost to Investor Confidence
The timely settlement is expected to send a strong positive signal to both domestic and international investors. Analysts say it reinforces market confidence, supports Ghana’s credit outlook, and strengthens stability within the financial sector — particularly among banks and pension funds that were heavily impacted during the debt restructuring process.
Commitment to Future Obligations
Government has reaffirmed its commitment to meeting future DDEP obligations. Officials point to strengthening financial buffers, improving macroeconomic indicators, declining inflation, easing interest rates, and a relatively stable cedi as key factors supporting continued compliance.
The development comes at a time when authorities are working to consolidate fiscal gains and restore long-term economic stability.
