Finance Minister Dr Cassiel Ato Forson has assured bondholders under the Domestic Debt Exchange Programme (DDEP) whose bonds mature in February 2027 that their cash payments are ready for collection.
Presenting the 2027 Budget Statement, Dr Forson said the government had made the necessary funds available to meet its payment obligations to the affected bondholders, urging them to come forward to receive their money.
“To every DDEP bondholder whose bond falls due in February 2027, your cash is ready. Come for it,” he announced.
The announcement provides an update on the government’s commitments to investors who participated in the domestic debt restructuring exercise, which formed part of efforts to address Ghana’s debt challenges.
Dr Forson also disclosed that the government had fulfilled all its payment obligations to bondholders who opted out of the DDEP.
“We have met all obligations to bondholders who did not participate in the DDEP,” he stated.
His assurance to both categories of bondholders highlights the government’s ongoing efforts to meet its domestic debt obligations and maintain confidence among investors.
Domestic debt accounts for 56% of total debt
Providing further details on the country’s debt position, the Finance Minister revealed that domestic debt currently represents 56 per cent of Ghana’s total public debt, with external debt accounting for the remaining 44 per cent.
“56% of our current debt is domestic, while the remaining 44% is external,” Dr Forson said.
The figures show that a larger proportion of Ghana’s current debt is owed to domestic creditors, compared with external lenders.
The debt composition also places the government’s domestic bond repayment commitments within the wider picture of its public debt obligations.
The Finance Minister’s remarks formed part of the broader debt management updates presented in the 2027 Budget Statement, with attention on meeting outstanding commitments to bondholders and managing the country’s debt portfolio.
