Minister of Finance, Dr Ato Forson

The government has attested that it is completely up to date on all planned Eurobond debt service payments for the fiscal year 2025.

The Finance Ministry said in a formal statement released on Wednesday: “the Government of Ghana has, through the Bank of Ghana, successfully effected a payment of US$349,523,674.56 in respect of Eurobond debt service obligations today, Thursday, July 3, 2025.”

According to the Ministry, the government of Ghana has paid US$1,174.64 million in Eurobond debt service since the end of the country's Eurobond debt restructuring in October 2024.

The breakdown of these payments is as follows:

• “In October 2024, the government made an initial payment of US$475.60 million, covering obligations due under the restructuring agreement, including the first post-restructuring debt service.”

• “In January 2025, the government paid US$349.52 million.”

• “And now, in July 2025, a further US$349.52 million has been paid.”

The statement confirmed that “this brings Ghana fully up to date on all scheduled Eurobond debt service obligations for 2025.”

Looking ahead, the Ministry disclosed that “a total debt service of US$1,409.06 million is scheduled” for 2026.

The statement further emphasised that “this timely payment reaffirms Ghana’s commitment to macroeconomic stability, prudent debt management, and constructive engagement with external creditors.” It added that the development is expected to:

• “Positively influence Ghana’s credit ratings trajectory in the months ahead, as it demonstrates continued discipline in debt servicing post-restructuring.”

• “Boost investor confidence in Ghana’s sovereign credit profile and economic recovery programme.”

• “Support foreign exchange market stability, as it has been incorporated into the Bank of Ghana’s reserves and liquidity management strategy.”

The Ministry reaffirmed to the public and outside partners Ghana's continued commitment to repaying its debts in accordance with the conditions of the restructuring agreement and its larger macroeconomic recovery plan.

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