The Authorities of Ghana has paid GH¢9.7 billion as a part of its debt obligations underneath the Home Debt Trade Programme (DDEP).
The Minister of Finance, Dr. Cassiel Ato Forson stated the cost amounted to GH¢9,698,815,220.17.
This brings the entire funds made underneath the programme this yr alone to GH¢19.4 billion.
In line with the minister in a fb put up, the cost reveals authorities’s dedication to honouring agreements made underneath the DDEP and is anticipated to spice up investor confidence within the financial system.
He acknowledged that authorities has additionally created two sinking fund accounts one in cedis and one other in US {dollars} to assist handle future debt funds.
These funds, launched he stated is according to the 2025 Mid-12 months Fiscal Coverage Overview and backed by the Public Monetary Administration Act, meant to make sure that upcoming mortgage obligations due between 2026 and 2028 are paid on time.
The Finance Minister assured buyers and the general public that each one future debt commitments, together with these underneath the DDEP, shall be totally honoured with out delays.
By: Jacob Aggrey
