Dr. Cassiel Ato Forson
Government has announced the payment of GH¢9,698,815,220.17 under the Domestic Debt Exchange Programme (DDEP), bringing total disbursements for 2025 to GH¢19.4 billion.
In a statement issued by the Ministry of Finance on Thursday, 19 August 2025, the payment was described as a demonstration of government’s unwavering commitment to honour the terms outlined in the Memorandum of Understanding (MoU) signed under the exchange programme, aimed at strengthening investor confidence and supporting fiscal credibility.
“The total amount paid for this obligation stands at GH¢9,698,815,220.17. With this payment, total disbursement under the DDEP in 2025 alone now stands at GH¢19.4 billion,” the statement said.
It further explained that, in line with the 2025 Mid-Year Fiscal Policy Review, government has established two dedicated sinking fund accounts, a cedi sinking fund account and a US dollar sinking fund account, as mandated by the Public Financial Management Act, 2016 (Act 921), as amended.
According to the ministry, these funds will provide liquidity buffers to ensure the timely redemption of loan obligations, including bonds maturing in 2026, 2027, and 2028.
Government also assured investors and the public that subsequent debt obligations, including those under the DDEP, would be honoured fully and on time.
By Ebenezer K. Amponsah