Accra, March 3, – The Ministry of Finance Ghana has announced the expiration of restrictions on new domestic bond issuance imposed in the aftermath of the Domestic Debt Exchange Programme (DDEP).
The three-year restriction, introduced in 2023 following Ghana’s debt default and subsequent restructuring under the DDEP, prevented the Government from issuing new domestic bonds.
In a statement issued in Accra, the Ministry said the lifting of the restrictions would enable the Government to significantly reduce its reliance on short-term Treasury Bills for budget financing and resume the issuance of longer-dated domestic bonds.
The development comes at a time of declining inflation, strengthened macroeconomic fundamentals and improved investor confidence, the statement noted. It added that the move was underpinned by a robust medium-term debt management strategy and the existence of adequate fiscal buffers.
Since 2025, the Government has met all coupon payments and obligations under the restructured bonds, demonstrating fiscal discipline and a renewed commitment to prudent debt management.
The statement also conveyed the appreciation of President John Dramani Mahama’s administration to Ghanaians for their patience and cooperation during the debt restructuring period.
GHBUSS
3 March 2026
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