Government disburses GH¢9.7bn in latest Domestic Debt Exchange Programme coupon payment

The Government of Ghana has released nearly GH¢9.7 billion as part of another coupon payment under the Domestic Debt Exchange Programme (DDEP).

This latest payment brings total disbursements under the programme in 2025 to GH¢19.4 billion, according to a statement issued by the Ministry of Finance.

The Ministry said the move reflects the government’s firm commitment to honouring the terms of the Memorandum of Understanding signed under the DDEP. It noted that the payment is expected to bolster investor confidence and reinforce fiscal credibility.

As outlined in the 2025 Mid-Year Fiscal Policy Review, the government has also established two dedicated sinking fund accounts—a Cedi Sinking Fund Account and a US Dollar Sinking Fund Account—under the Public Financial Management Act, 2016 (Act 921), as amended.

“These sinking funds will provide liquidity buffers to ensure timely redemption of loan obligations, including bonds maturing in 2026, 2027, and 2028,” the statement explained.

The government further assured investors and the public that it remains committed to fully and promptly honouring all future debt obligations, including those under the DDEP.