The Government of Ghana has paid GHยข10 billion in interest obligations under the Domestic Debt Exchange Programme (DDEP), marking a significant milestone in the countryโs ongoing debt restructuring efforts.
The Government of Ghana has paid GHยข10 billion in interest obligations under the Domestic Debt Exchange Programme (DDEP), marking a significant milestone in the countryโs ongoing debt restructuring efforts.
According to a press release issued by the Ministry of Finance on 18th February 2026, the payment represents the sixth coupon settlement under the DDEP and the second full cash payment without any Payment-In-Kind (PIK) component. Authorities say this reflects improved fiscal capacity and strengthening solvency conditions.
The settlement covers cedi-denominated coupon obligations in line with the restructuring memorandum and governmentโs broader debt management and fiscal consolidation strategy. Officials noted that the timely payment sends a strong positive signal to both domestic and international investors and is expected to reinforce market confidence.
Government also indicated that the move could support Ghanaโs credit outlook while enhancing financial sector stability, particularly for banks and pension funds that hold a significant portion of domestic bonds.
The Ministry of Finance further reaffirmed its commitment to meeting future DDEP obligations, citing stronger buffers, improving macroeconomic fundamentals, easing inflation, declining interest rates, and a relatively stable cedi as key supporting factors.
The development comes as Ghana continues efforts to restore debt sustainability and rebuild investor confidence following the countryโs recent economic restructuring programme.
Source: MoF
