Government clears GH¢10 billion DDEP interest obligations

The Government of Ghana, through the Ministry of Finance, has announced the settlement of GH¢10 billion in interest obligations under the Domestic Debt Exchange Programme (DDEP).

According to a statement issued by the Ministry of Finance on February 18, 2026, the payment represents the sixth coupon settlement under the programme and the second consecutive full cash payment executed without any Payment-In-Kind (PIK) component, an indication of improving fiscal strength and liquidity conditions.

"The settlement covers cedi-denominated DDEP coupon obligations in line with the restructuring memorandum and Government’s broader debt management and fiscal consolidation strategy," the Ministry said.

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The payment covers cedi-denominated DDEP coupon obligations in accordance with the restructuring memorandum and forms part of government’s broader debt management strategy aimed at restoring sustainability and rebuilding investor confidence.

The Ministry further noted that the timely servicing of obligations sends a strong positive signal to both domestic and international investors, reinforcing confidence in Ghana’s economic recovery trajectory.

Government reaffirmed its commitment to meeting all future DDEP obligations, citing stronger fiscal buffers, improving macroeconomic fundamentals, declining inflation, easing interest rates, and a relatively stable cedi as key drivers supporting the recovery.

The Domestic Debt Exchange Programme (DDEP), introduced in 2022, was designed to restructure Ghana’s mounting debt burden and enable the country to qualify for support under the International Monetary Fund (IMF) programme.