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Home Business

Gov’t lifts DDEP-Era restrictions on domestic bond issuance

the move signals end of DDEP-Era limits on new domestic bond issuance

Kumasi Mail by Kumasi Mail
March 2, 2026
in Business
0
No payments to contractors until audit completion- Finance Minister

Finance Minister Dr. Ato Forson

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The Ministry of Finance has announced the expiration of restrictions on the issuance of new domestic bonds, marking the end of measures introduced under the Domestic Debt Exchange Programme (DDEP).

In a press release issued on Monday, 2nd March 2026, the Ministry said the three-year restriction, imposed in 2023 following the country’s debt default, was designed to prevent the government from issuing new domestic bonds in the aftermath of the DDEP.

According to the statement, the expiration of the measure comes at a time of improving macroeconomic conditions, with inflation declining, investor confidence rebounding, and the broader economic environment strengthening.

The Ministry attributed the positive outlook to a robust medium-term debt management strategy and the buildup of significant financial buffers.

The government also highlighted its record of honoring obligations under the restructured bonds, noting that since 2025, all coupon payments and commitments have been met.

This, the statement said, demonstrates renewed credibility, fiscal discipline, and a commitment to responsible debt management.

With the restrictions now lifted, the government is expected to reduce its reliance on short-term Treasury bills to finance the budget and resume the issuance of longer-dated domestic bonds.

The Ministry expressed appreciation to Ghanaians for their forbearance and cooperation during the challenging period following the debt restructuring programme.

Source: www.kumasimail.com

Tags: DDEP-Era restrictionsdomestic bondGov’t liftstopstory
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