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We’ve built enough buffers to meet all DDEP obligations – Finance Minister

The Minister for Finance, Dr. Cassiel Ato Forson, has assured the banking sector that the government has built sufficient financial buffers to meet all...

Some Eurobond Investors in Ghana seek legal action over DDEP restructuring

Some Eurobond investors impacted by Ghana's Domestic Debt Exchange Programme (DDEP) have initiated legal action against commercial banks over their role in restructuring bonds. According...
Finance Minister, Dr Cassiel Ato Forson

2025 Budget: DDEP defers major debt repayments to 2027, 2028 – Ato Forson

Finance Minister Dr. Cassiel Ato Forson has revealed that Ghana’s Domestic Debt Exchange Programme (DDEP) was strategically structured to push major debt repayments to...

Gov’t pursues US$250m World Bank funding to support banks affected by DDEP

In an effort to restore financial stability in the wake of the Domestic Debt Exchange Programme (DDEP), the Government of Ghana is in advanced...

Deputy Finance Minister nominee calls for non-partisan approach to DDEP payments

The Deputy Finance Minister nominee, Thomas Nyarko Ampem, has urged a non-partisan approach to discussions on the Domestic Debt Exchange Programme (DDEP) payments, emphasising...
Mohammed Amin Adam

Kwakye Ofosu challenges Dr. Amin Adam over DDEP payments

The Minister of State for Government Communication, Felix Kwakye Ofosu, has dismissed claims by former Finance Minister Dr. Mohammed Amin Adam that the payment...
Mohammed Amin Adam

DDEP: NPP did not default; We ensured smooth payments before leaving office – Dr....

Former Finance Minister Dr. Mohammed Amin Adam has credited the New Patriotic Party (NPP) for ensuring timely coupon payments under the Domestic Debt Exchange...
Finance Minister Mohammed Amin Adam

Gov’t has never been broke until DDEP – Alhassan Andani

Former Stanbic Bank CEO Alhassan Andani expressed profound disappointment over Ghana’s recent financial trajectory, saying the government’s declaration of the Domestic Debt Exchange Programme...

Phase 2 of DDEP had relatively low impact on 2023 audited financial performance –...

Phase 2 of the Domestic Debt Exchange Programme (DDEP) had a relatively low impact on the 2023 audited financial performance of banks, then Bank...
Mohammed Amin Adam

DDEP saved Ghana about $12bn – Amin Adam

The Finance Minister, Dr. Mohammed Amin Adam, revealed that the successful execution of the Domestic Debt Exchange Programme (DDEP) has saved Ghana an impressive...

DDEP responsible for La General Hospital reconstruction delay – Health Minister

The Minister of Health, Dr. Bernard Okoe-Boye has cited the Domestic Debt Exchange Programme (DDEP) as the reason for delays in reconstructing the La...

Banking sector recovering from Post-DDEP – Monetary Policy Report

The Bank of Ghana has revealed that the banking sector’s performance in half-year 2024 pointed to continuing recovery from the macroeconomic challenges since 2022. However,...
Finance Minister Mohammed Amin Adam

Secondary bond market improves but still below pre-DDEP levels

The secondary bond market activity improved in the first half of 2024 compared to the same period last year, but is still below pre-Domestic...

Current economic hardships due to DDEP; forgive us – Amin Adam

The Minister of Finance, Dr. Mohammed Amin Adam, has apologized to Ghanaians for the hardships caused by the Domestic Debt Exchange Programme (DDEP). This apology...

Mid-Year Budget: DDEP – Good news for bondholders [Video]

The Finance Minister, Dr. Mohammed Amin Adam, has reported progress in paying investors following the completion of the Domestic Debt Exchange Programme (DDEP) in...

IMF deal couldn’t have been secured without DDEP – BoG

The Bank of Ghana (BoG) has clarified that securing a bailout from the International Monetary Fund (IMF) would have been challenging without the implementation...

DDEP impacts BoG as bank seeks early recapitalisation – Report

The Bank of Ghana has been impacted by the Domestic Debt Exchange Programme (DDEP) as it seeks recapitalisation from development partners, a report has...

DDEP reminded me of the military regime – Sophia Akuffo

Former Chief Justice Her Ladyship Justice Sophia Akuffo has likened the government's announcement of the Domestic Debt Exchange Program (DDEP) to the era of...

DDEP has been successfully completed – Ofori-Atta

The Minister of Finance, Ken Ofori-Atta, has indicated that the Domestic Debt Exchange Programme (DDEP) has been successfully completed, providing much-needed breathing space. This quells...

Government secures GH₵3.9bn in reopened DDEP

The government has secured GH₵3.9 billion in the reopened Domestic Debt Exchange Programme (DDEP), the Ministry of Finance announced on Tuesday. This represents a significant...

Government is still spending as though there’s no crisis – Prof. Bokpin on DDEP

Economist, Professor Godfred Bokpin, has berated the government for not sticking to its side of the bargain to adjust fiscal expenditure amidst the country’s...

Pensioner bondholders reject attempt to be roped into DDEP

Members of the Pensioner Bondholders’ Forum have rejected another attempt by the government to rope them into the Domestic Debt Exchange Programme (DDEP). Government has...

We won’t be part of new DDEP – Pensioner Bondholders

Pensioner Bondholders have declared their intention not to be part of the government’s fresh Domestic Debt Exchange Programme (DDEP) for ESLA and Daakye Bondholders....

DDEP: Govt settles Pension Funds bondholders

The government has announced the successful settlement and conclusion of its alternative offer to Pension Funds bondholders regarding Ghana-denominated notes and bonds. The Ministry of...
The Fund

IMF bailout, DDEP to blame for stalled interchanges – Roads Ministry

The Head of Public Relations at the Ministry of Roads and Highways, Nasir Ahmed Yartey, has indicated that the stalled road interchanges across the...

Gov’t achieves 95% participation rate in second round of DDEP

Government has achieved a 95% participation rate across its three latest debt exchange programmes. The Finance Ministry revealed that in the first program, which focused...

We will honour all future payment obligations of new DDEP bonds – Finance Ministry

The Government of Ghana has reiterated its commitment to honour all future payment obligations, in accordance with the terms of the new arrangements. This is...

Govt to settle ¢2.4bn coupon payments on DDEP bonds

The Government of Ghana is expected to settle ¢2.4 billion of the first coupon payment on bonds occasioned by the Domestic Debt Exchange Programme...

Govt announces new DDEP for U.S dollar denominated domestic bonds

Government has announced a new Domestic Debt Exchange Programme (DDEP) for U.S dollar denominated domestic bonds. A statement from the Ministry of Finance dated July...

DDEP: 16 banks to record more losses in 2023 – Research

About 16 banks will record more losses this year as a result of the Domestic Debt Exchange Programme (DDEP). According to research conducted by Dr....

DDEP: Amenfiman Rural Bank unable to pay dividends despite increase in profit margins

The Amenfiman Rural Bank is unable to pay dividends to its shareholders despite increasing profit margins by 10.41 percent in 2022. This is in compliance...

No second round of DDEP – Ofori-Atta assures

Finance Minister, Ken Ofori-Atta has ruled out any move to conduct another round of the Domestic Debt Exchange Programme (DDEP) targeted at pension funds....

8th IBAG Conference to discuss effects of Global economic challenges, DDEP on insurance industry

The 2023 edition of the Insurance Brokers Association of Ghana (IBAG) Educational Conference and Exhibition is expected to focus on the effect of Global...

DDEP: Final principal amounts of new bonds announced

The government has announced the final principal amounts of new bonds issued in the Domestic Debt Exchange Programme’s (DDEP) settlement.  According to the Finance Ministry, “new...

Minority files motion to compel Finance Minister to summit DDEP for approval

The Minority in Parliament has filed a private members’ motion seeking to compel the Finance Minister, Ken Ofori-Atta, to submit the Domestic Debt Exchange...

DDEP: Leave our pensioners alone – Bagbin tells Finance Minister

The Speaker of Parliament has asked the Finance Minister, Ken Ofori-Atta, not to touch monies belonging to pensioners.  Alban Bagbin said the current economic crisis...

Full text: Ken Ofori-Atta’s statement to Parliament on DDEP

The Finance Minister, Ken Ofori-Atta, was in Parliament on Thursday to present a statement on the country’s Domestic Debt Exchange Programme (DDEP). He clarified those...

DDEP: Ofori-Atta claims to have exempted pensioner bondholders but they are yet to get...

Finance Minister, Ken Ofori-Atta, says his outfit has written to the Pensioners Bondholders Forum about their exemption from the Domestic Debt Exchange Programme (DDEP). This...

Franklin Cudjoe reacts to Sophia Akuffo’s participation in DDEP protest

The founding President of IMANI Africa, Franklin Cudjoe, says the participation of former Chief Justice, Sophia Akuffo, in the Domestic Debt Programme protest was...

Basis for Sophia Akuffo’s participation in DDEP protest unclear – Ahiagbah

The Director of Communications of the New Patriotic Party (NPP), Richard Ahiagbah, is baffled as to why former Chief Justice Sophia Akuffo found it...