Govt deposits $1.7bn for Accra-Kumasi Expressway

Proactive measures, reforms The Finance Minister said building the Sinking Fund was a deliberate departure from the practice of scrambling to meet obligations only when they fell due, describing the initiative as an important signal to investors, credit rating agencies and the Ghanaian public that the government was committed to disciplined fiscal management and honouring its debt obligations.

He said the government was on course to grow the fund to GH¢30 billion by the end of the year, an amount, he noted, would be sufficient to redeem the GH¢30 billion in DDEP debt maturing in February 2027.6 billion in the Sinking Fund Cedi Account as part of measures to settle Domestic Debt Exchange Programme (DDEP) obligations for this year.