{"id":45347,"date":"2025-02-18T06:06:30","date_gmt":"2025-02-18T06:06:30","guid":{"rendered":"https:\/\/www.nsemgh.com\/?p=45347"},"modified":"2025-02-18T06:06:34","modified_gmt":"2025-02-18T06:06:34","slug":"govt-pays-gh%e2%82%b56-08bn-to-ddep-bondholders","status":"publish","type":"post","link":"https:\/\/www.nsemgh.com\/2025\/02\/18\/govt-pays-gh%e2%82%b56-08bn-to-ddep-bondholders\/","title":{"rendered":"Govt pays GH\u20b56.08bn to DDEP Bondholders"},"content":{"rendered":"\n

Following a directive from President John Dramani Mahama, the Ministry of Finance has honoured the Payment-In-Cash (PIC) coupon of GHS6.081 billion to all Domestic Debt Exchange Programme (DDEP) bondholders.<\/p>\n\n\n\n

The government has also honoured the Payment-In-Kind (PIK) portion of GHS3.46 billion, deposited into the respective bondholders\u2019 securities accounts in line with the DDEP Memorandum.<\/p>\n\n\n\n

Additionally, the government has also paid into the Debt Service Recovery Cedi Account (Sinking Fund) an amount of GHS9.7 billion as a buffer for the 5th DDEP coupon that will fall due in July and August, 2025.<\/p>\n\n\n\n

Felix Kwakye Ofosu, Spokesperson to the President and Minister, Government Communications made this known in a statement signed and issued on Monday February 17, 2025.<\/p>\n\n\n\n

He noted that President Mahama was committed to the government\u2019s honouring of all obligations under the DDEP.<\/p>\n\n\n\n

\u201cThrough the 2025 budget Statement, Government will announce further measures that will help to restore market confidence in the economy, prioritise spending and improve transparency and accountability in public finances.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u201cUltimately, government seeks to restore fiscal prudence while ensuring value for every pesewa spent. Despite the challenging economy that was bequeathed by the previous administration, government is determined to bring back a stable Cedi, control spiralling inflation and create jobs for the teeming youth of our country,\u201d he further stated.<\/p>\n","protected":false},"excerpt":{"rendered":"

Following a directive from President John Dramani Mahama, the Ministry of Finance has honoured the Payment-In-Cash (PIC) coupon of GHS6.081 billion to all Domestic Debt Exchange Programme (DDEP) bondholders. The government has also honoured the Payment-In-Kind (PIK) portion of GHS3.46 billion, deposited into the respective bondholders\u2019 securities accounts in line with the DDEP Memorandum. Additionally, […]<\/p>\n","protected":false},"author":8,"featured_media":45348,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_post_source_name":"","_post_source_url":"","footnotes":""},"categories":[43,1],"tags":[11802,5249,7331,5059,11805,6725,8857,9418,5196,9127,1461,12354,9643,2264,6546,7407,1031,6638,5205,12665,130,10742,1961,9341,3805,12896,6258,5784],"class_list":["post-45347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-local-news","category-news","tag-bondholders","tag-budget","tag-cash","tag-cedi","tag-create-jobs","tag-debt","tag-debt-exchange","tag-domestic-debt-exchange-programme-ddep","tag-economy","tag-february","tag-felix-kwakye-ofosu","tag-finance","tag-fund","tag-government","tag-inflation","tag-jobs","tag-john-dramani-mahama","tag-john-mahama","tag-july","tag-kwakye-ofosu","tag-mahama","tag-market","tag-ministry-of-finance","tag-pesewa","tag-president","tag-president-mahama","tag-transparency","tag-youth"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts\/45347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/comments?post=45347"}],"version-history":[{"count":1,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts\/45347\/revisions"}],"predecessor-version":[{"id":45349,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts\/45347\/revisions\/45349"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/media\/45348"}],"wp:attachment":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/media?parent=45347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/categories?post=45347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/tags?post=45347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}