President John Mahama has directed Ghana’s Ministry of Finance to honor a GH₵6 billion ($391 million) cash coupon payment to Domestic Debt Exchange Programme (DDEP) bondholders. An additional GH₵3.46 billion ($224.9 million) Pay-In-Kind (PIK) portion has also been deposited into bondholders’ securities accounts. In a statement, Presidential Spokesperson Felix Kwakye Ofosu reaffirmed Mahama’s commitment to fulfilling all DDEP obligations. The 2025 budget will introduce further measures to restore market confidence, enhance spending efficiency, and improve financial transparency.
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