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Business
DDEP payments result of NPP’s strategic planning, not Mahama’s directive – Dr. Amin Adam

DDEP payments result of NPP’s strategic planning, not Mahama’s directive – Dr. Amin Adam

Ex-Finance Minister, Dr Mohammed Amin Adam, has debunked claims that President John Mahama's directive was the reason for the fourth coupon payment to Domestic Debt Exchange Programme (DDEP) bondholders. Dr Amin Adam clarified that the

Business
Mahama directs Finance Ministry to settle DDEP coupons and build debt buffers through Sinking Fund

Mahama directs Finance Ministry to settle DDEP coupons and build debt buffers through Sinking Fund

Following a directive from President John Dramani Mahama, the Ministry of Finance has today, February 17, 2025, honoured the Payment-In-Cash (PIC) coupon of GHS6.081 billion to all Domestic Debt Exchange Programme (DDEP) bondholders. Government has

Election Central
Govt’s DDEP claiming lives of pensioners – Mahama

Govt’s DDEP claiming lives of pensioners – Mahama

The National Democratic Congress (NDC) presidential candidate, John Dramani Mahama, has strongly criticized the President Nana Addo Dankwa Akufo-Addo government's Domestic Debt Exchange Program (DDEP), stating that it has imposed severe hardships on Ghanaians. According

Economy
Ghana’s financial crisis: Government never broke until DDEP – Former Stanbic Bank CEO

Ghana’s financial crisis: Government never broke until DDEP – Former Stanbic Bank CEO

Former Stanbic Bank CEO Alhassan Andani has slammed Ghana's financial path, citing the Domestic Debt Exchange Programme (DDEP) as a troubling milestone. At the Ghana CEO-Presidential Gala Dinner, Mr. Andani stressed that Ghana's fragile economy

Business
Good News As Government Secures GH₵3.9Bn In Reopened DDEP

Good News As Government Secures GH₵3.9Bn In Reopened DDEP

The government of Ghana, through the Ministry of Finance, has announced that it has secured GH₵3.9 billion in the reopened domestic debt exchange programme. According to the government, this milestone is very significant in the

Business
Government to settle first coupon for Bonds affected by DDEP

Government to settle first coupon for Bonds affected by DDEP

The Ministry of Finance has begun the process of settling the first coupon payment of bonds affected by the domestic debt exchange program (DDEP). The Ministry said the matured coupons amount to GHC 2.4 billion,

Business
BoG Not Under Any Obligation To Report To Parliament – Majority Leader Schools Ato Forson

BoG Not Under Any Obligation To Report To Parliament – Majority Leader Schools Ato Forson

Despite the widespread assertion that the Central Bank of Ghana is mandated to report its activities to parliament, the Majority Leader and Minister for Parliamentary Affairs, Osei Kyei-Mensah-Bonsu says such claims are untrue. According to

Business
BoG’s GH¢60Billion Loss Not Caused By Bank’s Bad Decisions But Gov’t’s DDEP – Central Bank Explains

BoG’s GH¢60Billion Loss Not Caused By Bank’s Bad Decisions But Gov’t’s DDEP – Central Bank Explains

Following the unprecedented GHC 60 Billion loss recorded by the Bank of Ghana, the Central Bank has blamed the loss on the government's Domestic Debt Exchange Programme (DDEP) and COCOBOD loans. The huge loss was

Business
Government To Rake In $6.2Billion From Multilateral Partners Between 2023 & 2026 – Ofori-Atta Reveals

Government To Rake In $6.2Billion From Multilateral Partners Between 2023 & 2026 – Ofori-Atta Reveals

As part of efforts by the government to restore economic stability, Ghana expects to receive over $6.2 billion from its multilateral partners from now to 2026. Finance Minister, Ken Ofori-Atta says this multilateral facility forms

Business
Depleted Reserves: Failure To Secure IMF Deal Will Spell “Doom” For Ghana’s Economy – Joe Jackson

Depleted Reserves: Failure To Secure IMF Deal Will Spell “Doom” For Ghana’s Economy – Joe Jackson

Finance Expert, Joe Jackson has hinted that the failure of the government to secure an IMF deal in the coming days will spell doom for the country's economy. According to the Director of Business Operations