*GOVERNMENT BUILDS GH¢15.6BN "WAR CHEST" TO REPAY GH¢30BN DDEP DEBT DUE IN 2027* Government has set aside *GH¢15.6 billion* in a sinking fund as part of efforts to meet dome
*GOVERNMENT BUILDS GH¢15.6BN "WAR CHEST" TO REPAY GH¢30BN DDEP DEBT DUE IN 2027* Government has set aside *GH¢15.6 billion* in a sinking fund as part of efforts to meet domestic debt obligations falling due in 2027 and 2028, the Minister for Finance, Dr. Cassiel Ato Forson, has announced. Presenting the Mid-Year Fiscal Policy Review of the 2026 Budget in Parliament on Thursday, July 23, 2026, Dr. Forson said the amount was accumulated as of *July 22, 2025* under the *2026–2029 Medium Term Debt Management Strategy*. "Under the twenty twenty-six twenty twenty-nine medium term death management strategy we pledge that seven percent of non-ear tax revenue together with proceeds from domestic bond issuance will go into the second fund as a war chest for the twenty-seven and twenty twenty-eight maturities," he stated. The Finance Minister said government is on course to build the fund to *GH¢30 billion by the end of 2026*. "Mr speaker I'm proud to report to this house that after twenty-
By Administrator
Published on 23/07/2026 17:42
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*GOVERNMENT BUILDS GH¢15.6BN "WAR CHEST" TO REPAY GH¢30BN DDEP DEBT DUE IN 2027*

 

 

Government has set aside *GH¢15.6 billion* in a sinking fund as part of efforts to meet domestic debt obligations falling due in 2027 and 2028, the Minister for Finance, Dr. Cassiel Ato Forson, has announced.

 

Presenting the Mid-Year Fiscal Policy Review of the 2026 Budget in Parliament on Thursday, July 23, 2026, Dr. Forson said the amount was accumulated as of *July 22, 2025* under the *2026–2029 Medium Term Debt Management Strategy*.

 

"Under the twenty twenty-six twenty twenty-nine medium term death management strategy we pledge that seven percent of non-ear tax revenue together with proceeds from domestic bond issuance will go into the second fund as a war chest for the twenty-seven and twenty twenty-eight maturities," he stated.

 

The Finance Minister said government is on course to build the fund to *GH¢30 billion by the end of 2026*.

 

"Mr speaker I'm proud to report to this house that after twenty-second of July yesterday the war chest fought fifteen point six billion Ghana cities. Mister speaker we are on course to accumulate thirty billion cities in the second fund by the end of the year twenty twenty-six," he told the House.

 

Dr. Forson explained that the amount will be sufficient to cover the GH¢30 billion Domestic Debt Exchange Programme debt scheduled to mature in February 2027.

 

"Right honourable speaker for information this will be enough to repay the thirty billion domestic death exchange program debt that will fall due in February twenty twenty-seven," he said.

 

He added that the strategy is to ensure Ghana meets its obligations without distress.

 

"Mr speaker break by break CD by CD we are building the wall that will meet the way so that when twenty twenty-seven and twenty twenty-eight comes Ghana will not crumble. Ghana will simply pay back this debt," Dr. Forson stated.

 

Report filed by PKB

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