IMF bailout would have been elusive without Domestic Debt Exchange Programme- BOG clarifies
The Director of Research at the Bank of Ghana (BoG), Dr. Philip Abradu-Otoo has clarified that securing a bailout from the International Monetary Fund (IMF), would have been challenging without the implementation of the Domestic Debt Exchange Programme (DDEP). To stabilise the economy, the government initiated the IMF programme and introduced the DDEP, which resulted […]
Pensioners opt out of new Domestic Debt Exchange Programme (DDEP)
By Precious Asamoah Okure-Asamoah Bondholders, including pensioners, have been invited by the Government to be part of the fresh Domestic Debt Exchange Programme (DDEP), which will be restricted to ESLA Plc and Daakye Trust Plc bonds. The Pensioner Bondholders Forum has declared its intention not to be part of the Programme. This was contained in […]
Pensioners Bondholders Forum welcomes exemption from Domestic Debt Exchange Programme
Members of the Pensioners Bondholders Forum have welcomed their exemption from the Domestic Debt Exchange Programme as announced by the Minister of Finance Ken Ofori-Atta in Parliament. Speaking to the Media in Parliament, the Convener, Dr. Adu Antwi, said all that the forum was looking for, was for the Minister of Finance to exempt them […]
Individual Pensioners Bondholders now exempted from Domestic Debt Exchange Programme
The Minister of Finance Minister, Ken Ofori-Atta, has exempted Individual Pensioners Bondholders and others from the Domestic Debt Exchange Programme, DDEP. The Minister announced this when he briefed Parliament on the DDEP, today, February 16, 2023. “Mr. Speaker, Government remains committed to the well-being and dignity of our Senior Citizens and Pensioners. Indeed, it has […]
Domestic Debt Exchange Programme extended to February 7 with fresh terms
By: Rebecca Ekpe A Press release from the Ministry of Finance dated Tuesday, January 31, 2023 has indicated that the Government has extended the deadline for the Domestic Debt Exchange Programme (DDEP) to February 7, 2023. A new settlement date of Tuesday, February 14, 2023 is expected to be made public and confirmed via the […]