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Government Pays GH¢9.7 Billion Coupon Under the Domestic Debt Exchange Programme (DDEP)

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The Government of Ghana has paid GH¢9.7 billion as part of its debt obligations under the Domestic Debt Exchange Programme (DDEP).

The Minister of Finance, Dr. Cassiel Ato Forson said the payment amounted to GH¢9,698,815,220.17.

This brings the total payments made under the programme this year alone to GH¢19.4 billion.

According to the minister in a facebook post, the payment shows government’s commitment to honouring agreements made under the DDEP and is expected to boost investor confidence in the economy.

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He stated that government has also created two sinking fund accounts one in cedis and another in US dollars to help manage future debt payments.

These funds, introduced he said is in line with the 2025 Mid-Year Fiscal Policy Review and backed by the Public Financial Management Act, meant to ensure that upcoming loan obligations due between 2026 and 2028 are paid on time.

The Finance Minister assured investors and the public that all future debt commitments, including those under the DDEP, will be fully honoured without delays.

By: Jacob Aggrey

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Dr. Bawumia is the only candidate NDC fears most– Isaq Ibrahim Esq., Law Lecturer, UPSA

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A law lecturer at the University of Professional Studies Accra UPSA, Isaq Ibrahim, has claimed that former Vice President Dr Mahamudu Bawumia is the candidate the National Democratic Congress NDC fears most ahead of the New Patriotic Party flagbearer race.

According to him, this fear explains why the NDC appears to favour Kennedy Agyapong emerging as the NPP’s presidential candidate.

Mr Ibrahim made the remarks while appealing to NPP delegates to vote for Dr Bawumia as the party’s flagbearer.

He described Dr Bawumia as the strongest among the aspirants and the party’s best chance of winning political power in the 2028 general election.

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Mr Ibrahim expressed confidence that the party’s delegates would make the right choice when they go to vote, stressing that Dr Bawumia has already been marketed across all 276 constituencies.

He noted that the party has no difficulty selling Dr Bawumia to voters and can do so again ahead of the next election.

According to him, if he had a vote, he would have cast it for Dr Bawumia, but since he does not, he could only appeal to delegates to support the former Vice President.

He warned that choosing any other candidate could weaken the party’s chances in 2028.

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Mr Ibrahim argued that some of the other aspirants have past statements and issues that could be used against them by the NDC during the campaign.

He claimed that the ruling party is waiting for the NPP to make a mistake by electing a candidate whose past actions or comments could damage the party.

He therefore urged delegates to be careful and avoid choices that could undermine the party’s chances of returning to power.

According to him, selecting Dr Bawumia would give the NPP the best opportunity to win the 2028 elections and avoid internal and external setbacks.

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By: Jacob Aggrey

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Bawumia will face tough scrutiny if elected flagbearer – Asah Asante

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Political scientist and Head of the Centre for European Studies at the University of Ghana, Dr Kwame Asah Asante, has warned that former Vice President Dr Mahamudu Bawumia will face intense scrutiny from political opponents if he emerges as flagbearer.

Dr Asah Asante shared his views while assessing the strengths and weaknesses of leading contenders in the ongoing flagbearer contest.

He acknowledged that opinion polls currently favour Dr Bawumia, noting that many of the surveys are based on scientific methods.

However, he cautioned that popularity alone does not guarantee electoral victory.

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According to him, politics goes beyond winning internal contests and opinion polls, stressing that a candidate must be able to attract votes nationwide and ultimately secure power.

Dr Asah Asante explained that a candidate may look strong on posters and surveys but still struggle to convince voters during a general election.

He argued that what matters most is whether the candidate has the full set of leadership qualities needed to win power.

Touching on Dr Bawumia’s prospects, he noted that if the former Vice President is elected, the opposition will rely heavily on recordings and past statements linked to his time in government.

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He mentioned issues such as the National Cathedral project, the Pwalugu Dam, job losses, and what he described as weaknesses of the previous administration.

Dr Asah Asante explained that even if Dr Bawumia was not directly responsible for some of these issues, his association with the former government would work against him.

He stressed that these matters would likely be used to question his credibility and performance.

He commented on Kennedy Agyapong, describing him as energetic and full of ideas.

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However, he pointed out that Mr Agyapong’s past public outbursts and recorded statements could also be used against him during a national campaign.

Dr Asah Asante concluded that both leading contenders have strengths, but they also carry political baggage that opponents are likely to exploit in a general election contest.

By: Jacob Aggrey

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