The Government has paid GH¢10 billion in interest to bondholders under the Domestic Debt Exchange Programme (DDEP), marking the sixth coupon payment since the debt restructuring was implemented.
In a statement issued in Accra on Wednesday, the Ministry of Finance said the latest settlement represents the second consecutive full cash payment without any Payment-In-Kind component, signalling improved fiscal strength and liquidity conditions.
“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 ministry said.
The payment covers cedi-denominated coupon obligations under the DDEP in line with the restructuring memorandum agreed with bondholders and government’s broader fiscal consolidation and debt management strategy.
The post Gov’t pays GH¢10bn DDEP interest in sixth coupon settlement appeared first on The Business & Financial Times.
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