WADR

It's you speaking!

It's you speaking!

Mahama settles GH₵6bn DDEP coupon, vows economic stability

Facebook
Twitter
LinkedIn
Pinterest
WhatsApp

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.

Facebook
Twitter
LinkedIn
Pinterest
WhatsApp

Mahama settles GH₵6bn DDEP coupon, vows economic stability

Facebook
Twitter
LinkedIn
Pinterest
Pocket
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Pocket
WhatsApp

Never miss any important news. Subscribe to our newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *