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Finance Minister Dr Cassiel Ato Forson has assured bondholders that the government will honour its next GH¢10.8 billion payment under the Domestic Debt Exchange Programme (DDEP) on August 18, 2026, saying the obligation will be settled on time and in full.
Presenting the 2026 Mid-Year Budget Review in Parliament on Thursday, July 23, Dr Forson said the payment reflects the government’s commitment to meeting its obligations under the domestic debt restructuring programme and rebuilding investor confidence.
He noted that the government had already fulfilled its first DDEP coupon payment for the year, paying GH¢10.1 billion on schedule.
“On the 17th of February 2026, government honoured the first Domestic Debt Exchange Programme coupon payment of 10.1 billion cedis on time and in full,” he said.
“The seventh DDEP coupon payment of 10.8 billion cedis falls due on the 18th of August 2026. Let me use this opportunity to assure this House that it will be paid on time and in full.”
The Domestic Debt Exchange Programme was introduced as part of Ghana’s debt restructuring efforts to restore fiscal sustainability. The programme involved the restructuring of domestic bonds held by banks, pension funds, insurance companies, individual investors and other creditors.
According to the Finance Minister, the government’s timely repayments are helping to restore confidence in Ghana’s financial markets after the country’s recent debt crisis.
Dr Forson further disclosed that Ghana has paid US$2.1 billion in principal and interest to Eurobond holders since January 2025 without placing excessive pressure on the country’s foreign exchange reserves.
“There was a time when the world doubted us. Today, every payment made on time answers that doubt, assuring bondholders in London, pension funds in New York and investors at home that our word is our bond,” he said.
He stressed that sustained repayment of debt obligations, rather than public declarations, was the key to rebuilding trust in Ghana’s economy.
“Payment after payment, coupon after coupon, Ghana has proven one thing. We now keep our word.
“That is how market confidence is rebuilt, not through speeches, but through repayment.”
The announcement comes as the government continues implementing measures to strengthen investor confidence, reinforce debt sustainability and restore Ghana’s access to international capital markets following its debt restructuring programme.