Ghana's Domestic Debt Exchange Programme sparks debate on long-term impact

Ghana’s Domestic Debt Exchange Programme: Restoring fiscal order and the man behind the mission

A recent public debate triggered by a Citi News report suggesting that Ghana’s debt service obligations could rise sharply again from 2027 has reopened discussion around the Domestic Debt Exchange Programme (DDEP) and its long-term impact on the economy. Commenting on the issue, Yaw Ohemeng argued that many Ghanaians never fully understood the structure and effect of the DDEP. In his view, apart from the Bank of Ghana, the programme was not principally about outright principal haircuts for mo...

By Caleb Ahinakwah