2027Budget: "Your Cash Is Ready, Come for Your Money" — Ato Forson Announces Early Redemption of GH¢29bn DDEP Bonds

Finance Minister Dr. Cassiel Ato Forson has announced that the government is ready to execute an early redemption of GH¢29 billion in Domestic Debt Exchange Programme (DDEP) bonds. Presenting the 2027 Budget Statement and Economic Policy in Parliament on Thursday, November 12, 2026, Dr. Forson assured affected bondholders that the funds have been fully secured and urged every eligible holder to step forward and claim their money. 

​According to the Finance Minister, the GH¢29 billion principal originally scheduled to mature on February 16, 2027 is already sitting in the Cedi Sinking Fund as of November 11, 2026. Rather than waiting until the February maturity date, the government has opened an early repayment offer, signaling a decisive shift from the liquidity anxieties that defined Ghana’s recent debt restructuring era.

​The announcement forms part of a broader, aggressive debt-clearance strategy outlined in the 2027 budget. Alongside the domestic payout, Dr. Forson disclosed that the government is targeting a total debt settlement of roughly GH¢36 billion by December 31, 2026, which includes clearing a US$590 million Eurobond obligation. The accumulation of these dedicated buffers stems from deliberate fiscal discipline and proactive liquidity management aimed at insulating the economy from maturity cliffs.

​For individual pensioners, commercial banks, and institutional investors who endured significant financial strain during the debt exchange exercise, the early payout provides immediate capital relief. Financial analysts note that injecting GH¢29 billion back into the domestic market ahead of schedule will bolster bank balance sheets, ease liquidity constraints, and stimulate private-sector lending heading into the 2027 fiscal year.

​Ultimately, Dr. Forson emphasized that honoring these obligations ahead of schedule sends an unmistakable message to both local markets and international credit rating agencies about Ghana’s restored creditworthiness. By proactively funding the Sinking Fund and inviting bondholders to collect their cash early, the government aims to rebuild investor trust and anchor long-term macroeconomic stability.  

@Volta Today