News
Government pays GH¢10 billion DDEP interest
The Government of Ghana has paid GH¢10 billion in interest to bondholders under the Domestic Debt Exchange Programme (DDEP), according to a press release from the Ministry of Finance.
The Ministry announced on Wednesday, February 18, 2026, that the payment represents the sixth coupon settlement since the programme began.
It also marks the second time the government has made a full cash payment without using any Payment-In-Kind (PIK) component.
In the statement, the Ministry explained that the payment covers cedi-denominated coupon obligations under the DDEP.
It said the move is in line with the debt restructuring agreement and the government’s broader plan to manage public debt and restore fiscal stability.
According to the Ministry, the timely settlement sends a strong signal to both local and international investors that the country is committed to honouring its obligations.
It added that the payment is expected to boost market confidence and support Ghana’s credit outlook.
The Ministry further noted that the development will help strengthen financial sector stability, especially among banks and pension funds that hold government bonds.
It assured investors and the public that the government remains fully committed to meeting future DDEP obligations.
The Ministry said improved economic conditions, including declining inflation, lower interest rates, a stable cedi, and stronger financial buffers back this commitment.
By: Jacob Aggrey
Government has inaugurated a Technical Committee to drive the implementation of the Accra Marine Drive Tourism Investment Project, a key initiative aimed at transforming the capital’s waterfront into a world-class tourism and commercial hub.
Minister for Tourism, Culture and Creative Arts, Abla Dzifa Gomashie, described the move as a critical step to accelerate progress, stressing the need for efficiency, collaboration, and accountability.
The Committee, chaired by Deputy Minister Yussif Issaka Jajah, will coordinate stakeholders, address bottlenecks, and ensure timely delivery of the project.
The initiative is expected to boost tourism, create jobs, and stimulate economic growth, reinforcing Ghana’s commitment to sustainable development.
The Ghana National Fire Service (GNFS) has stepped up its fire safety education efforts in Suhum Municipality and Abetifi Odwenease as part of ongoing campaigns to prevent fire outbreaks and improve emergency readiness.
In Suhum, fire officers engaged traders and customers, educating them on handling LPG leakages, proper use of fire extinguishers, and general shop safety practices. Meanwhile, the Kwahu East Command extended outreach in Abetifi Odwenease, visiting homes, drinking spots, construction sites, and stores to promote safe handling of flammable materials, proper electrical usage, and correct gas cylinder placement.
Practical demonstrations on fire extinguisher use were conducted, and residents were encouraged to adopt good housekeeping habits and proactive safety measures to reduce fire risks and protect lives and property.
