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DDEP Good news for bondholders [Video]

The Finance Minister, Dr. Mohammed Amin Adam, has reported progress in paying investors following the completion of the Domestic Debt Exchange Programme (DDEP) in September 2023.

He noted that, the third coupon payment is scheduled for August 2024, demonstrating the government’s commitment to meeting its financial obligations.

In his Mid-Year Budget Review presentation to Parliament, Dr. Adam detailed the government’s achievements, including the successful execution of the first two coupon payments.

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