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We have built enough buffers to pay all DDEP obligations – Finance Minister Ato Forson

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Finance Minister Dr Cassiel Ato Forson has assured banks that the government has built sufficient financial buffers to meet all Domestic Debt Exchange Programme (DDEP) obligations this year.
Speaking at a high-level meeting with over 22 Managing Directors of banks, he reaffirmed the government’s commitment to fiscal responsibility and restoring confidence in the financial sector.
“We do not intend to default,” Dr. Forson declared.
“All outstanding holdouts have been paid, and we have put in place the necessary buffers to ensure that every single DDEP obligation for this year will be met.”
The Minister explained that these buffers were created through fiscal discipline, strategic investment cuts, and prudent resource allocation.
As part of this approach, the government has reset goods and services expenditure to 2023 levels and is working to achieve a primary surplus of 1.5% to sustain economic stability.
He also announced plans to submit a fiscal responsibility rule to Parliament, which will set a debt ceiling that the Ministry of Finance cannot exceed.
This measure aims to prevent excessive borrowing and reinforce financial discipline.
Beyond ensuring timely DDEP payments, Dr Forson revealed that the government is taking deliberate steps to reduce reliance on the Treasury bill market.
By improving coordination between fiscal and monetary policies, the government aims to stabilize interest rates and ease liquidity pressures on the banking sector.
Source: Myjoyonline.com
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Who will pay for expanded primaries?- Gary Nimako questions Supreme Court ruling

The Director of Legal Affairs of the New Patriotic Party (NPP), Gary Nimako Marfo, has questioned who will bear the cost of conducting presidential and parliamentary primaries following the Supreme Court’s ruling on the party’s delegate system.
Speaking to journalists, Mr. Nimako Marfo said he would not immediately comment on the ruling, adding that he wanted to wait for the full details before sharing his views.
“I don’t want to comment on it now. Let’s wait,” he said.
When asked about the Supreme Court’s decision that all members in good standing should vote in party elections, he shifted attention to the financial implications of implementing the ruling.
According to him, allowing all members in good standing to vote would increase the cost of organising internal party elections.
He questioned who would pay for the expanded electoral process.
“Who is going to pay for the cost of the elections?” he asked.
When a journalist suggested that political parties would bear the cost, Mr. Nimako Marfo replied, “Let’s wait and see.”
The comments come after the Supreme Court ruled that political parties should allow all members in good standing to vote in their internal elections, a decision that is expected to expand participation but also increase the financial and logistical demands of organising presidential and parliamentary primaries.
By: Jacob Aggrey
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Supreme Court declares political party delegates system unconstitutional

The Supreme Court of Ghana has declared the delegate system used by political parties to elect presidential and parliamentary candidates unconstitutional.
In a 5-2 majority decision delivered, the Court ruled that the long-standing system violates democratic principles and ordered all political parties to ensure every registered, card-bearing member participates in presidential and parliamentary primaries.
The ruling brings to an end decades of internal party elections conducted by a limited number of delegates.
The suit was filed by former Minister for Environment, Science, Technology and Innovation, Professor Kwabena Frimpong-Boateng; veteran politician Dr. Nyaho Nyaho-Tamakloe; and former Minister for Lands and Forestry, Dr. Christine Amoako-Nuamah.
The plaintiffs argued that the delegate system created inequality among party members by granting voting rights to a privileged minority while excluding ordinary members in good standing.
They told the Court that restricting voting rights to delegates was inconsistent with the democratic principles enshrined in the 1992 Constitution.
The Attorney-General’s Department supported the suit and urged the Court to adopt a “one member, one vote” approach.
In its submission, the State argued that political parties perform an important public function in Ghana’s democratic framework and that their internal electoral processes must reflect constitutional values of equality, participation and universal suffrage.
The Attorney-General further submitted that expanding voting rights to all registered members would strengthen accountability and deepen internal democracy within political parties.
The judgment means that going forward, presidential and parliamentary candidates will be selected by all registered members of a political party, instead of by delegates alone.
Political parties are expected to review their constitutions and structures to comply with the Court’s directive ahead of the 2028 general elections.
By Edem Mensah-Tsotorme








