The Minority Caucus in Parliament has pushed back against President John Dramani Mahama's assurances to bondholders, stating that his commitment to honouring matured coupons is not a new policy but a continuation of what the previous government had already been doing. "The President's assurances to bondholders about his commitment to honour matured coupons is good.
That is what this government must do to continue to increase investor confidence in the economy.
However, to present this as a new policy or measure is to play mischief," the Minority asserted.
According to them, the payment of GHS6.081 billion in cash and GHS3.46 billion in kind to Domestic Debt Exchange Programme (DDEP) bondholders in February 2025 was the fourth such payment, with the previous New Patriotic Party (NPP) government having already honoured three payments between August 2023 and December 2024, totaling GHS17.25 billion in cash and GHS9.77 billion in kind.
