The Ministry of Finance has released GH₵6.081 billion to fully settle all bondholders under the Domestic Debt Exchange Programme (DDEP), following a directive from President John Dramani Mahama to clear outstanding coupons and strengthen the country’s financial stability.

Additionally, a Payment-In-Kind (PIK) portion of GH₵3.46 billion has been credited to bondholders’ securities accounts, in line with the terms outlined in the DDEP Memorandum.

A statement signed by Presidential Spokesperson Felix Kwakye Ofosu confirmed that the government has also allocated GH₵9.7 billion as a buffer for the fifth coupon payment, due in July and August 2025.

The statement reaffirmed President Mahama’s commitment to honouring all obligations under the DDEP while working to restore economic confidence and ensure financial stability.

Looking ahead, the government is set to introduce a 2025 Budget Statement that will focus on:

Ensuring fiscal discipline to prevent economic instability. Prioritizing government spending to maximize efficiency. Enhancing transparency in public financial management.

These measures form part of the government’s broader strategy to stabilize Ghana’s economy and build a stronger financial future for the country.