Tag Archives: Domestic Debt Exchange Programme

The government has once again promised to pay matured coupons and principal of old bonds beginning March 13, 2023, after reneging on its promise of paying coupons that matured on February 6-20, 2023. This follows the conclusion of the Domestic Debt Exchange Programme (DDEP). In view of this, the government …

The General Secretarty of the Convention People’s Party (CPP), Nana Yaa Jantuah, says she sympathises with former President John Dramani Mahama for the way Ghanaians treat him. According to her, even though the former head of state contributed his quota to the development of the country, he was subjected to …

The immediate-past Chief Justice (CJ) of Ghana, Sophia Akuffo, had been making headlines after she joined retirees picketing at the Ministry of Finance in Accra over the government’s plan to involve their bonds in its Domestic Debt Exchange Programme (DDEP). Not only was her presence resounding, but the comments she …

The Director of Communications of the New Patriotic Party, Richard Ahiagbah is baffled as to why former Chief Justice Sophia Akuffo found it necessary to protest against government’s proposed Domestic Debt Exchange Programme (DDEP). To him, as far as government is not imposing the programme on anyone, the former CJ …

Former President John Dramani Mahama says the prevailing economic challenges in the country is the result of President Akufo-Addo’s ‘arrogance’, in addition to the ‘incompetence’ of his Finance Minister, Ken Ofori-Atta. In a twitter post on Friday, he stated that the current challenges could have been avoided if government had …

Since its announcement on December 5 last year, government’s Domestic Debt Exchange Programme (DDEP) has been met with fierce opposition and widespread public resistance. Apart from individual bondholders, civil society organisations, academics, finance experts as well as the Minority in Parliament and a host of other well-meaning Ghanaians have vehemently …

Finance Minister Ken Ofori-Atta has stated that failure to secure a bailout with the International Monetary Fund (IMF) by mid-March may ground Ghana’s economy to a halt. Addressing Pensioner bondholders who have resisted their inclusion in a domestic debt exchange programme on Monday, February 6, the Finance Minister pleaded with …

The Government of Ghana and the Ghana Insurers Association (GIA) have reached an agreement on the participation of insurance companies in the Domestic Debt Exchange Programme (DDEP). Under the agreement, insurance companies will participate in the programme on similar terms as the Banks. This was contained in a joint statement …

Member of Parliament for Okaikwei Central and also Vice Chairman for Finance Committee , Patrick Yaw Boamah, has said the governing New Patriotic Party (NPP) risks losing the 2024 general elections if funds belonging to individual bondholders are touched by the government through the Domestic Debt Exchange Programme. In his view, …