Reopened DDEP: Gov’t expresses satisfaction for securing GH₵3.9bn
Adnan Adams Mohammed
The government has successfully secured GH₵3.9 billion as at end of the reopened domestic debt exchange programme which ended last week.
According to a statement issued by the Finance Ministry, no further tenders will be accepted, and neither revocations nor withdrawals will be permitted. The domestic debt exchange initiative is an integral part of the government’s broader strategy to alleviate its debt burden and enhance debt sustainability.
“The Government deeply expresses its appreciation to bondholders and key stakeholders for their immense support of the Domestic Debt Exchange Programme (DDEP), the results of which constitute a significant achievement for the Government to implement fully the economic strategies in the post-COVID-19 Programme for Economic Growth (PC-PEG) during this current economic crisis”, the statement noted.
