Keypoints:
- Ghana pays $349.52m Eurobond instalment on July 3
- Total of $1.17bn now paid since October 2024 restructuring
- 2026 debt service projected at $1.4bn
GHANA has successfully paid $349.52 million in Eurobond debt service, completing all scheduled obligations for the year, the Ministry of Finance has announced via a statement shared Thursday by Finance Minister Cassiel Ato Forson on X (formerly Twitter).
The payment, executed through the Bank of Ghana, reflects the government’s continuing commitment to sound fiscal management and debt transparency following the country’s sovereign debt restructuring agreement in October 2024.
Post-restructuring debt payments exceed $1.17bn
Minister Forson outlined that with the latest July transaction, the government has now cumulatively paid $1.17bn in Eurobond obligations since restructuring. The breakdown is as follows:
- October 2024: $475.60 million
- January 2025: $349.52 million
- July 2025: $349.52 million
These payments demonstrate that Ghana is fully up to date with its 2025 Eurobond schedule.
2026 Eurobond dues total $1.4bn
Looking ahead, Ghana faces a projected $1.409bn in Eurobond debt service payments for 2026, underscoring the importance of continued fiscal prudence and growth-focused macroeconomic policies.
The Ministry of Finance stressed that timely fulfilment of these obligations is essential for maintaining debt sustainability and reinforcing Ghana’s post-restructuring credibility on global markets.
Impact on credit outlook and investor confidence
According to the statement, the July payment is expected to yield multiple benefits for Ghana’s economic positioning:
- Improved credit ratings outlook due to demonstrated debt discipline
- Strengthened investor confidence in the country’s sovereign bond profile and ongoing recovery programme
- Greater foreign exchange stability, as the transaction was incorporated into the Bank of Ghana’s reserves and liquidity management framework
Ghana stays the course on recovery
Minister Forson reaffirmed the government’s dedication to macroeconomic stability and constructive creditor engagement. Since finalising the Eurobond restructuring in 2024, Ghana has been actively implementing reforms in collaboration with international partners, including the IMF.
This consistent payment schedule, he noted, signals that Ghana remains a trustworthy and disciplined borrower, focused on long-term recovery and growth.
