{"id":26390,"date":"2023-03-10T09:09:02","date_gmt":"2023-03-10T09:09:02","guid":{"rendered":"https:\/\/www.ghanamma.com\/2023\/03\/10\/drop-in-treasury-bill-rate-fruit-of-ddep\/"},"modified":"2023-03-10T09:09:02","modified_gmt":"2023-03-10T09:09:02","slug":"drop-in-treasury-bill-rate-fruit-of-ddep","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2023\/03\/10\/drop-in-treasury-bill-rate-fruit-of-ddep\/","title":{"rendered":"Drop in treasury bill rate fruit of DDEP"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Deputy Minister of Finance, John Kumah says the government\u2019s Domestic Debt Exchange programme has contributed to a reduction in the rate of Treasury Bills from 35 to 24 percent.<\/p>\n<p>On Wednesday, President Nana Akufo-Addo delivered the State of the Nation Address in Parliament, highlighting some of the government\u2019s key deliverables.<\/p>\n<p>In a debate on the address, John Kumah claims that the government\u2019s DDEP is producing positive results for economic transformation.<\/p>\n<p>\u201cLast week, the treasury bill rate in the country was at 35 percent. Today as we speak, the treasury bill rate has been reduced to 24 percent because of the DDEP. We had oversubscription and even at 24 percent, there is an oversubscription of 121 percent. We are going to see a further reduction in the coupon rate of T-Bills. What that portends for our country in future is that inflation will come down, cost of borrowing for the private will also go down and this will restore economic stability and inclusive growth of our economy.\u201d<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Deputy Minister of Finance, John Kumah says the government\u2019s Domestic Debt Exchange programme has contributed to a reduction in the rate of Treasury Bills from 35 to 24 percent. On Wednesday, President Nana Akufo-Addo delivered the State of the Nation Address in Parliament, highlighting some of the government\u2019s key deliverables. In a debate on the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":26391,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-26390","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Drop in treasury bill rate fruit of DDEP - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2023\/03\/10\/drop-in-treasury-bill-rate-fruit-of-ddep\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Drop in treasury bill rate fruit of DDEP - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Deputy Minister of Finance, John Kumah says the government\u2019s Domestic Debt Exchange programme has contributed to a reduction in the rate of Treasury Bills from 35 to 24 percent. On Wednesday, President Nana Akufo-Addo delivered the State of the Nation Address in Parliament, highlighting some of the government\u2019s key deliverables. In a debate on the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2023\/03\/10\/drop-in-treasury-bill-rate-fruit-of-ddep\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-10T09:09:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/03\/John-Kumah-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1500\" \/>\n\t<meta property=\"og:image:height\" content=\"942\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Ghana News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/03\/10\/drop-in-treasury-bill-rate-fruit-of-ddep\/\",\"url\":\"https:\/\/www.ghanamma.com\/2023\/03\/10\/drop-in-treasury-bill-rate-fruit-of-ddep\/\",\"name\":\"Drop in treasury bill rate fruit of DDEP - 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