By Jibril Abdul Mumuni
Accra, July 3, GNA- The Government, through the Bank of Ghana, has successfully paid US$349.52 million towards its Eurobond debt service obligations.
The payment brings Ghana fully up to date on all scheduled Eurobond debt service obligations for 2025, according to a statement from the Ministry of Finance.
The recent payment marks a cumulative total of US1,174.64 billion in Eurobond debt payments since the conclusion of Ghana’s Eurobond debt restructuring in October 2024.
The Ministry detailed previous payments, including an initial US475.60 million in October 2024 and US$349.52 million in January 2025.
The timely fulfillment of these obligations is expected to have a significant positive impact on Ghana’s financial standing and economic outlook.
The Ministry of Finance anticipates that this action will positively influence Ghana’s credit ratings trajectory in the coming months, demonstrating sustained discipline in debt servicing post-restructuring.
The payment is projected to boost investor confidence in Ghana’s sovereign credit profile and its ongoing economic recovery programme.
It is also expected to support foreign exchange market stability, as the payment has been integrated into the Bank of Ghana’s reserves and liquidity management strategy.
Ghana has a total debt service of US$1,409.06 billion scheduled for 2026.
The Ministry of Finance reaffirmed Ghana’s commitment to macroeconomic stability, prudent debt management, and constructive engagement with external creditors.
GNA
Edited by Christian Akorlie
