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The Minister-Designate for Finance, Dr. Cassiel Ato Forson, has pledged to address the negative impact of the Domestic Debt Exchange Programme (DDEP) on the Ghanaian economy and its citizens.

Speaking during his vetting session before the Appointments Committee of Parliament on January 13, 2025, Ato Forson, assured the public that his administration would take all necessary measures to remedy the challenges created by the debt restructuring programme.

The Domestic Debt Exchange Programme, introduced as a response to Ghana’s mounting debt crisis, has had far-reaching effects on both the country’s financial sector and its citizens.

The programme saw the restructuring of domestic bonds and debts, resulting in significant losses for creditors and a complex repayment schedule that has raised concerns about Ghana’s fiscal sustainability in the years to come.