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Saturday, 31 October 2026
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Ghanaian press · Event

Domestic Debt Exchange Program

Also known as: DDEP · Domestic Debt Exchange Programme · 2022/2023 Domestic Debt Exchange Programme

2026-04-262026-10-31

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In coverage

Verbatim sentences from the source article.

  1. October 2026
  2. Joy Online

    … He is regarded as one of the best in his generation, and during GCB’s 2017 integration of UT/Capital Bank and the 2023 Domestic Debt Exchange Programme (DDEP), he was a household name in financial services. …

    Kojo Kwarteng: From journalism and corporate communications to law
  3. Joy Online

    … The Bank of Ghana’s Own Balance Sheet: A Recapitalisation Long Promised, Now Committed Ghana’s banking sector’s recovery extends beyond NIB and ADB to the Bank of Ghana’s own balance sheet, which was heavily affected by losses incurred during the Domestic Debt Exchange Programme. …

    From Collapse to Confidence: Ghana’s economic recovery under John Mahama
  4. Joy Online

    … The recovery has benefited from debt-service relief under the DDEP, external restructuring, IMF programme discipline, expenditure compression, favourable gold prices, and domestic policy measures. …

    Dr. Mohammed Amin Adam writes: Ghana’s 2026 domestic debt financing
  5. Joy Online

    … His analysis found that central-government domestic debt increased by GH¢55.71 billion between January and July 2026, while GH¢21.8 billion in additional face value was recorded across eight DDEP bonds. …

    Amin Adam proposes 13 measures to strengthen Ghana’s debt transparency and market confidence
  6. Joy Online

    Former Finance Minister Dr Mohammed Amin Adam has called for monthly disclosure of Ghana’s Sinking Fund activities as the country prepares for major repayments under the Domestic Debt Exchange Programme in 2027 and 2028. …

    Amin Adam urges monthly disclosure of Sinking Fund as Ghana prepares for DDEP repayments
  7. Joy Online

    … He also acknowledged the lessons of the Domestic Debt Exchange Programme (DDEP), saying, the experience demonstrated that pension funds should not be treated simply as convenient sources of government financing. …

    Fiscal discipline crucial for pension fund investments – Finance Minister
  8. Joy Online

    … Dr Asiama said all 23 banks operating in the country had met regulatory capital requirements, following capital restoration efforts after the economic crisis and financial asset impairments associated with the Domestic Debt Exchange Programme (DDEP). …

    Ghana’s banking sector assets rise 20.47% to GH¢500.2bn – BoG Governor
  9. Joy Online

    … Ghana’s Banking Environment Healthy Fitch said the Ghanaian banking environment continued to improve following the Domestic Debt Exchange Programme in 2023. …

    Attijariwafa’s acquisition of Societe Generale likely to be ratings neutral; Ghana’s banking environment healthy – Fitch
  10. The Chronicle

    … He recalled how economic desperation drove some Ghanaians to prefer xenophobic isolation in South Africa to stifling conditions back home, and how many lost life savings through the Domestic Debt Exchange Programme (DDEP). …

    Togbe Afede: I Fully Support Operation Recover All Loot
  11. Joy Online

    … The question followed arguments that the NPP had traditionally enjoyed stronger support among the middle class but lost some of that support after the Domestic Debt Exchange Programme, which critics said contributed to the party’s defeat in the 2024 general election. …

    NPP is for all social classes, not just the middle class – Mike Oquaye
Society

Kojo Kwarteng qualifies as lawyer after diverse career

The News

Emmanuel Kojo Kwarteng became a lawyer on October 9, 2026, after pursuing journalism, corporate communications, marketing, public relations, banking, authorship, and alternative dispute resolution. His educational path included studies at the Ghana Institute of Journalism, University of Ghana, Central University, Mountcrest University, the University of Essex, and Northwestern University's Kellogg School of Management.

26 October 2026 · Joy Online →

Monday 26 October

  1. Kojo Kwarteng qualifies as lawyer after diverse career

    Emmanuel Kojo Kwarteng became a lawyer on October 9, 2026, after pursuing journalism, corporate communications, marketing, public relations, banking, authorship, and alternative dispute resolution. His educational path included studies at the Ghana Institute of Journalism, University of Ghana, Central University, Mountcrest University, the University of Essex, and Northwestern University's Kellogg School of Management.

    26 October 2026 · Joy Online →

Thursday 22 October

  1. Ghana's banking sector stabilizes under Mahama after decade of crises

    Ghana's banking system has recovered following years of turmoil that saw 420 financial institutions collapse between 2017 and 2019, costing over 10,000 jobs and GH¢25 billion in government spending on a clean-up. Under John Mahama's government, recapitalized banks, lower borrowing costs, and greater currency stability mark a recovery built on stabilization and confidence.

    22 October 2026 · Joy Online →

Friday 16 October

  1. Ghana's debt recovery sustainable without market discipline

    Ghana's public debt has improved through debt-service relief, external restructuring, and IMF programme discipline, but the central question is whether the debt position has become durable and market-based without accumulating arrears or weakening the domestic yield curve.

    16 October 2026 · Joy Online →

  2. Former Finance Minister proposes 13 debt transparency reforms

    Dr Mohammed Amin Adam has proposed 13 measures to strengthen transparency and accountability in Ghana's public debt management, citing central-government domestic debt increases of GH¢55.71 billion between January and July 2026 and warning that recent gains from external restructuring remain fragile without stronger disclosure and refinancing credibility.

    16 October 2026 · Joy Online →

  3. Ex-Finance Minister calls for monthly Sinking Fund transparency

    Former Finance Minister Dr Mohammed Amin Adam has urged monthly public disclosure of Ghana's Sinking Fund as the country prepares for GH¢58 billion and GH¢53 billion in principal repayments under the Domestic Debt Exchange Programme in 2027 and 2028 respectively. He cautioned that while prefunding the Sinking Fund is prudent, borrowing to accumulate cash could impose costs if the fund earned less than the government paid on the debt used to finance it.

    16 October 2026 · Joy Online →

  4. Finance Minister links fiscal discipline to pension fund security

    Finance Minister Dr Cassiel Ato Baah Forson has stressed that sound fiscal policy is essential to pension management, as fluctuations in inflation, interest rates, and exchange rates, as well as unsustainable public debt, could undermine investment returns. He noted that Ghana's pension industry has grown significantly, with total pension assets under management increasing from GHS 86.09 billion in 2024 to GHS 111.11 billion in 2025.

    16 October 2026 · Joy Online →

Sunday 11 October

  1. Ghana banking sector assets rise 20.47% to GH¢500.2bn

    Total assets of Ghana's banking sector increased by 20.47 per cent to GH¢500.20 billion at the end of August 2026, according to the Bank of Ghana Governor. The growth reflected improvements supported by better macroeconomic conditions and regulatory reforms, with all 23 banks now meeting capital requirements and asset quality metrics improving.

    11 October 2026 · Joy Online →

Tuesday 6 October

  1. Attijariwafa's Société Générale Ghana acquisition rated neutral by Fitch

    Fitch Ratings said Attijariwafa Bank's acquisition of a 55.2% stake in Société Générale Ghana is likely ratings-neutral because the subsidiary's assets of less than US$1 billion are only about 1.0% of AWB's total assets. Fitch also noted that Ghana's banking sector shows healthy profitability metrics, with pre-tax return on equity and return on assets of 22% and 4.3% respectively in eight months of 2026.

    6 October 2026 · Joy Online →

  2. Togbe Afede backs anti-corruption initiative Operation Recover All Loot

    Togbe Afede XIV, Agbogbomefia of Asogli State, has called corruption the biggest obstacle to national development and voiced full support for the Operation Recover All Loot (ORAL) anti-corruption initiative. Speaking at the 2026 Asogli Te Za festival in Ho, he cited examples including government officials obtaining state scholarships meant for the needy and extending them to spouses and children.

    6 October 2026 · The Chronicle →

Monday 5 October

  1. NPP represents all social classes, not just middle class—Oquaye

    Former Speaker Professor Mike Oquaye rejected suggestions that the NPP needs a leader to win back Ghana's middle class, arguing that the party's policies and social interventions have historically targeted people across different social groups and that the NPP should not be viewed as a party for only the middle class.

    5 October 2026 · Joy Online →

Monday 21 September

  1. T-bill yields expected slightly higher in Ghana's second-half 2026

    Databank Research projects the 91-day bill to trade within 5.5%–7.5% and the 364-day bill within 12.5%–14.0% in the second half of 2026, driven by competing effects of cost containment and higher funding requirements, with the GH¢10.8 billion DDEP coupon payment in August providing liquidity support.

    21 September 2026 · Joy Online →

Monday 7 September

  1. Ghana Cocoa Board completes 2026 debt exchange obligations

    The Ghana Cocoa Board has completed its 2026 payment obligations under Ghana's Domestic Debt Exchange Programme, totalling GH¢2.68 billion. The achievement demonstrates fiscal discipline and COCOBOD's historical role in stabilising Ghana's economy during debt crises.

    7 September 2026 · The Ghanaian Times →

  2. Government's 4-year bond raises GH¢3.15bn amid strong demand

    Government's latest four-year Treasury bond auction attracted GH¢4.46 billion in bids, of which GH¢3.15 billion was accepted. The bond cleared at 12.00% yield, below pre-auction expectations, with a bid-to-cover ratio of 1.41 times.

    7 September 2026 · Joy Online →

Thursday 3 September

  1. Chief Justice's institutional engagements are part of office role, NDC argues

    NDC lawyer Hamza Suhuyini defended Chief Justice Paul Baffoe-Bonnie's visits to state institutions, saying building working relationships with public bodies is an inherent responsibility of the office and should not be viewed as political involvement.

    3 September 2026 · Joy Online →

  2. NDC accuses NPP of hypocrisy over Chief Justice remarks

    NDC lawyer Hamza Suhuyini accused the NPP of hypocrisy, saying the party previously praised the Chief Justice for speaking against illegal mining but now questions his neutrality after he made comments appearing critical of the government's record on state enterprises.

    3 September 2026 · Joy Online →

Wednesday 2 September

  1. Ghana and Kenya strengthen bank capital requirements for stability

    Both countries are raising minimum capital requirements for banks to improve financial sector resilience and protect depositors. Ghana requires GH¢400 million in paid-up capital for universal banks, while Kenya has increased the statutory minimum core capital for commercial banks from KES1 billion to KES10 billion through phased implementation.

    2 September 2026 · Joy Online →

Tuesday 1 September

  1. COCOBOD pays GH¢2.3bn in DDEP bond obligations

    The Ghana Cocoa Board has settled GH¢2.3 billion in outstanding payment obligations to bondholders affected by the Domestic Debt Exchange Programme for the 2026 financial year, bringing its total DDEP payments for the year to GH¢2.68 billion. The Board also previously settled GH¢162 million owed to non-participating Cocoa Bill holders in July 2026.

    1 September 2026 · The Chronicle →

  2. COCOBOD settles GH¢2.3bn DDEP bond obligations for 2026

    Ghana's Cocoa Board has completed its mandatory payment obligations under the Domestic Debt Exchange Programme by settling GH¢2.3 billion owed to bondholders, with total payments to DDEP bondholders in 2026 reaching GH¢2.68 billion including an earlier March coupon payment.

    1 September 2026 · Joy Online →

  3. Ghana paid GH¢10.82 billion in August 2026 debt payment

    Ghana paid GH¢10.82 billion to Domestic Debt Exchange Programme bondholders on 19 August 2026 entirely in cash, bringing total DDEP payments since 2025 to GH¢41.36 billion. The article traces Ghana's debt crises from independence through the 2022 DDEP, during which the government had to restructure obligations held by domestic banks, pension funds, insurers, institutions and citizens.

    1 September 2026 · The Ghanaian Times →

Tuesday 25 August

  1. T-bill yields compress further as investor demand remains strong

    Treasury bill yields fell across the curve after strong investor demand last week resulted in bids of GH¢14.27 billion against a GH¢5.43 billion target, driven by improved liquidity from the Domestic Debt Exchange Programme coupon payment. Analysts expect sustained demand and continued downward pressure on yields in the coming week.

    25 August 2026 · Joy Online →

  2. IMF warns of BoG losses from Domestic Gold Purchase Programme

    The IMF has called for stronger governance and transparency in Ghana's Domestic Gold Purchase Programme, warning that the scheme has generated significant losses for the Bank of Ghana and contributed to deterioration in its financial position, with the BoG's equity standing at about 7% at the end of 2025.

    25 August 2026 · Joy Online →

Thursday 20 August

  1. Government pays GH¢10.8bn to DDEP bondholders

    The government has paid GH¢10.8 billion to bondholders under the Domestic Debt Exchange Programme, bringing the total amount paid since 2025 to GH¢41.36 billion. The Ministry of Finance said the latest payment, the third DDEP coupon payment made fully in cash, demonstrates the government's commitment to meeting its debt obligations in full and on schedule.

    20 August 2026 · The Ghanaian Times →

Wednesday 19 August

  1. Government pays GH¢10.8 billion DDEP coupon in full

    The Government of Ghana has paid GH¢10.8 billion to bondholders under the Domestic Debt Exchange Programme, with the Ministry of Finance noting this is the third DDEP coupon payment made entirely in cash and bringing total payments since 2025 to GH¢41.36 billion.

    19 August 2026 · The Ghanaian Times →

  2. Government pays GH¢10.8bn DDEP coupon payment in cash

    The Government paid GH¢10.82 billion to bondholders under the Domestic Debt Exchange Programme in cash on schedule, bringing total payments to investors since 2025 to GH¢41.36 billion. The payment represents the third DDEP coupon settled entirely in cash and reflects the Government's commitment to meeting debt obligations and maintaining fiscal discipline.

    19 August 2026 · The Chronicle →

  3. Government pays GH¢10.8bn DDEP coupon on schedule

    The government has paid GH¢10.82 billion to bondholders under the Domestic Debt Exchange Programme in full and on schedule. This is the third DDEP coupon payment made entirely in cash, bringing total payments to bondholders since 2025 to GH¢41.36 billion.

    19 August 2026 · Joy Online →

Monday 10 August

  1. InvestCorp Treasury Securities Fund offers capital preservation and steady returns

    InvestCorp Treasury Securities Fund invests in government-backed securities including Treasury bills and bonds, alongside selected international treasury securities, to help investors preserve capital and earn competitive returns in shifting market conditions.

    10 August 2026 · Joy Online →

Saturday 8 August

  1. Opinion: Government delays payment to FSHS food suppliers

    An opinion piece argues that ordinary Ghanaians who supplied food items under the Free Senior High School Policy in Q4 2024 are waiting for payment, citing a norm that government pays for fourth-quarter services in the first quarter of the following year. The writer calls for President Mahama to ensure justice for these suppliers.

    8 August 2026 · Joy Online →

Monday 3 August

  1. Government excels in narrative control and public relations strategy

    An opinion piece argues that the ruling National Democratic Congress has prioritized public relations and narrative management as a major policy item, demonstrating exceptional skill in shaping public perception of its governance record over substantive policy delivery.

    3 August 2026 · Joy Online →

Sunday 2 August

  1. ARB Apex Bank readies supervisory role, posts GH¢34.56m profit

    The ARB Apex Bank is positioning itself to support the transition of community banks under a new microfinance regulatory framework from the Bank of Ghana, which has expanded the bank's supervisory mandate to include microfinance banks, credit unions, and last-mile providers. The bank recorded a Profit Before Tax of GH¢34.56 million in 2025, up 35 percent from GH¢25.44 million in 2024, with total assets rising to GH¢5.40 billion from GH¢2.28 billion in 2024.

    2 August 2026 · Joy Online →

Monday 27 July

  1. Ghana targets GH¢30bn Sinking Fund by year-end for DDEP repayment

    The government has projected to accumulate GH¢30 billion in the Sinking Fund by the end of 2026 to prepare for repayment of Domestic Debt Exchange Programme obligations, with the first major maturity falling due in February 2027. As of July 22, 2026, the Fund had accumulated GH¢15.6 billion.

    27 July 2026 · The Ghanaian Times →

Domestic Debt Exchange Program — Ghanaian press coverage · Ghana Minute