News
Settle DDEP Coupons and build debt buffers – President Mahama to Ministry of Finance
Following a directive from President John Dramani Mahama, the Ministry of Finance on February 17, 2025, honoured the Payment-In-Cash (PIC) coupon of GHS6.081 billion to all
Domestic Debt Exchange Programme (DDEP) bondholders.
Government has also honoured the Payment-ln-Kind (PIK) portion of GHS3.46 billion, deposited into the respective bondholders’ securities accounts in line with the DDEP Memorandum.
Additionally, Government has also paid into the Debt Service Recovery Cedi Account (SinkingFund) an amount of GH59.7 billion as a buffer for the 5th DDEP coupon that will fall due in July and August, 2025.
President Mahama has expressed commitment in honouring all obligations under the budget Statement, in the economy, prioritise spending DDEP.
Through the 2025 Government will announce further measures that will help to restore market confidence and improve transparency and accountability in public finances.
Ultimately, 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 the country.
News
Kwabena Agyepong files nomination ahead of primaries
Kwabena Agyepong has officially filed his nomination to contest for the leadership of the New Patriotic Party (NPP), becoming the first candidate to do so ahead of the party’s upcoming primaries.
Following the successful filling, Mr. Agyepong told party supporters that his vision was to build a Ghana that is “economically robust, fiscally responsible, socially cohesive, and fully accountable to its people.”
He said the country faces urgent challenges, including high unemployment, illegal mining, poor sanitation, chaotic city planning, and court congestion due to land disputes.
He warned about growing political polarization and the demoralization of young Ghanaians.
Mr. Agyepong stressed the need to restore the party and national values of service, sacrifice, and selflessness.
He called for leaders who can take tough decisions and provide real solutions for the nation.
The NPP leadership race will determine the party’s flagbearer for the next general elections, with Ing. Kwabena Agyepong’s nomination marking the official start of the contest.
By: Jacob Aggrey
News
Korle Bu Dental Dep’t Gets New Digital X-Ray Machine
The Chief Executive Officer of the Hospital, Dr. Yakubu Seidu Adam, has commissioned newly installed digital X-ray machines at the Radiology Department to further enhance diagnostic services and improve patient care.
At the brief ceremony, Dr. Adam underscored the significance of the new machines in meeting the growing demand for advanced diagnostic services. He described the commissioning as a major milestone in the hospital’s modernisation agenda, aimed at boosting efficiency in patient management.
Dr. Matthew Boamah, Head of the Dental Unit, and Dr. Hafisatu Gbadamosi, Head of the Radiology Department, expressed their appreciation to hospital management and partners, Rontgen Imaging, for making the project possible. They assured that the machines will be utilised to their fullest potential for the benefit of patients.
The new equipment will significantly improve the quality and speed of imaging, especially for dental and maxillofacial cases, while minimising patient exposure to radiation. In addition, it will support teaching, research, and specialised care, further strengthening Korle Bu’s position as a leading referral centre in Ghana and the sub-region.
This commissioning forms part of the hospital’s broader commitment to upgrading its infrastructure and delivering world-class healthcare to its patients and clients.
