Dr Cassiel Ato Forson is the Minister of Finance

The government has committed $1.4 billion to servicing Eurobond debts in 2025.

According to the Ministry of Finance, Ghana has cumulatively serviced $1.174 billion in Eurobond payments since 2024.

In a statement on July 3, 2025, the ministry announced that the government had successfully made a payment of US$349 million towards Eurobond debt service obligations on the same day.

The debt payments were detailed as follows:

The government has committed $1.4 billion to servicing Eurobond debts in 2025.

According to the Ministry of Finance, Ghana has cumulatively serviced $1.174 billion in Eurobond payments since 2024.

In a statement on July 3, 2025, the ministry announced that the government had successfully made a payment of US$349 million towards Eurobond debt service obligations on the same day.

The debt payments were detailed 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.

• In July 2025, a further US$349.52 million was paid.

“This brings Ghana fully up to date on all scheduled Eurobond debt service obligations for 2025. Looking ahead to 2026, a total debt service of US$1,409.06 million is scheduled. This timely payment reaffirms Ghana’s commitment to macroeconomic stability, prudent debt management, and constructive engagement with external creditors,” the statement said.

The ministry further noted that this development is expected to positively influence Ghana’s credit ratings trajectory in the coming months, as it demonstrates continued discipline in debt servicing post-restructuring.

It added that this will also boost investor confidence in Ghana’s sovereign credit profile and economic recovery programme, while supporting foreign exchange market stability, as the debt service has been factored into the Bank of Ghana’s reserves and liquidity management strategy.

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.

In July 2025, a further US$349.52 million was paid.

“This brings Ghana fully up to date on all scheduled Eurobond debt service obligations for 2025. Looking ahead to 2026, a total debt service of US$1,409.06 million is scheduled. This timely payment reaffirms Ghana’s commitment to macroeconomic stability, prudent debt management, and constructive engagement with external creditors,” the statement said.

The ministry further noted that this development is expected to positively influence Ghana’s credit ratings trajectory in the coming months, as it demonstrates continued discipline in debt servicing post-restructuring.

It added that this will also boost investor confidence in Ghana’s sovereign credit profile and economic recovery programme, while supporting foreign exchange market stability, as the debt service has been factored into the Bank of Ghana’s reserves and liquidity management strategy.

SSD/MA

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