404: Not Found Gov’t settles GH¢10bn interest under DDEP – Spain Ghana CC

Gov’t settles GH¢10bn interest under DDEP

The government has announced the payment of GH¢10 billion in interest obligations under the Domestic Debt Exchange Programme (DDEP).

In a statement issued on Wednesday, February 18, 2026, the Ministry of Finance said the payment represents the sixth coupon settlement under the programme and the second full cash payment made without any Payment-In-Kind component.

“The Government of Ghana has paid GH¢10 billion in interest obligations under the Domestic Debt Exchange Programme (DDEP),” the statement said.

The Ministry explained that the settlement covers Cedi-denominated DDEP coupon obligations in accordance with the restructuring memorandum and the government’s broader debt management and fiscal consolidation strategy.

It noted that the timely payment demonstrates improved fiscal strength and solvency.

“This payment marks the sixth coupon settlement under the programme and represents the second full cash payment without any Payment-In-Kind component, reflecting strengthened fiscal capacity and solvency,” the release noted.

According to the Ministry, the development also sends a positive signal to investors and strengthens confidence in the economy.

“The timely payment sends a strong positive signal to domestic and international investors, reinforces market confidence, and is expected to support Ghana’s credit outlook while enhancing stability within the financial sector, including banks and pension funds,” it added.

SOURCE: CITI NEWSROOM

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