The Government of Ghana has paid GH¢10.82 billion to bondholders under the Domestic Debt Exchange Programme (DDEP), bringing total payments to investors under the restructuring programme since 2025 to GH¢41.36 billion.
The Ministry of Finance said the latest payment, valued at GH¢10,816,840,318.26, was made in full and on schedule.
The payment represents the third DDEP coupon settlement made entirely in cash, according to the Ministry.
Government fulfils August 18 payment commitment
The latest disbursement follows an assurance given by Finance Minister Dr Cassiel Ato Forson during the 2026 Mid-Year Budget Review that government would meet the coupon payment due on August 18.
Dr Forson said the payment formed part of government’s commitment to meeting its obligations under the domestic debt restructuring programme.
The Ministry of Finance said timely payment of the restructured debt obligations is intended to strengthen investor confidence, lower Ghana’s sovereign default risk and improve the country’s financial credibility.
DDEP payments exceed GH¢41bn
The latest GH¢10.82 billion payment takes the total amount paid to DDEP bondholders since 2025 to GH¢41.36 billion.
The government has repeatedly stressed that meeting its obligations under the restructured debt programme is critical to rebuilding confidence in Ghana’s financial system following the country’s debt crisis.
The DDEP was introduced as part of measures to restore debt sustainability by restructuring domestic bonds held by a range of creditors, including banks, pension funds, insurance companies, individual investors and other institutional investors.
The government has subsequently prioritised timely servicing of the restructured obligations as part of its broader debt management strategy.
First 2026 coupon paid in February
The latest payment follows an earlier GH¢10.1 billion DDEP coupon payment made on February 17, 2026.
According to the Finance Minister, that payment was also completed in full and on schedule.
The government has maintained that a consistent record of meeting its debt obligations will be essential to restoring investor confidence and supporting Ghana’s eventual return to international capital markets.
Ghana also servicing Eurobond debt
Beyond the domestic debt restructuring programme, Ghana has continued to meet its obligations to external creditors.
Dr Forson disclosed during the Mid-Year Budget Review that the government had paid approximately US$2.1 billion in principal and interest to Eurobond holders since January 2025.
He said the payments had been made without placing undue pressure on Ghana’s foreign exchange reserves.
The Finance Minister has argued that actual debt repayments, rather than government assurances alone, will be crucial to convincing investors that Ghana is rebuilding the credibility of its public finances.
Government promises timely DDEP payments
The Ministry of Finance has assured bondholders, investors and the general public that future obligations under the DDEP will be settled fully and on schedule.
The latest payment is therefore being positioned by the government as another step towards restoring confidence in Ghana’s domestic debt market and strengthening the country’s broader debt sustainability efforts.
