Swift Eurobond Payment Boosts Ghana's Market Return Prospects, Economist Says
The payment, part of Ghana’s post-IMF bailout debt restructuring, demonstrates commitment to honoring obligations a “gate opener” for investor trust, Konadu noted in an interview with The High Street Journal.
“Servicing existing debts rebuilds confidence that new bonds will be repaid,” he emphasized, suggesting the move could pave the way for domestic bond reintroduction and potential international market re-entry by late 2025. Ghana has been excluded from global capital markets since 2022 amid debt and currency crises that triggered a $3 billion IMF program.
While some analysts question Ghana’s current creditworthiness, Konadu argues consistent debt management counters skepticism. Bond market access critically influences local interest rates, infrastructure funding, and currency stability—directly impacting jobs and public services. The new administration has initiated talks for a market return, positioning responsible debt servicing as foundational to economic recovery.
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