DDEP bondholders due Feb 16, 2027 can come for their money now- Ato Forson
The Minister of Finance, Dr. Cassiel Ato Forson, has announced that bondholders under the Domestic Debt Exchange Programme (DDEP) whose payments fall due on February 16, 2027 can come for their payments ahead of schedule. Presenting the 2027 Budget, Dr. Forson revealed that government has GH₵29 billion currently sitting in the sinking fund to make … The post DDEP bondholders due Feb 16, 2027 can…
Ghana's Minister of Finance, Dr. Cassiel Ato Forson, has revealed that bondholders under the Domestic Debt Exchange Programme (DDEP) with payments due on February 16, 2027, can now receive their funds early. During the presentation of the 2027 Budget, Dr. Forson announced that the government currently holds GH₵29 billion in the sinking fund to cover the payment.
He emphasized that the money is readily available and there will be no delay when the due date arrives. Dr. Forson also criticized the previous New Patriotic Party (NPP) government for shifting the massive DDEP repayment responsibility to the current administration. He stressed that his government has assumed the responsibility and has made sufficient arrangements to fulfill the obligation.
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