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The Evangelical Presbyterian Church, Ghana (EPCG) says it has made significant progress in clearing its debt, with more than GH¢11 million in debt-related payments made as part of efforts to restore the Church’s financial stability.

The development was announced at the 12th General Assembly of the EPCG, currently underway at the Church’s headquarters in Ho in the Volta Region.

The Church said its outstanding debt had risen to about GH¢14.25 million by 2026, after standing at approximately GH¢7.1 million in 2021.

The liabilities were accumulated through unserviced loans, construction costs, membership dues and subscriptions owed to partner organisations, among other obligations.

The debt was accumulated due to unserviced loans, construction costs, membership dues and subscriptions to partners,among others.

However, introduction of stringent measures under the guidance of the Moderator, Rt Rev Dr Lt Col Bliss Kofi Agbeko, ensured financial discipline, leading to the partial settlement of the debt.

Addressing the 12th General Assembly of the Church, Col Agbeko announced that about 7.1 million of the debt has been paid.

“I inherited a debt burden of GHS7,131,323.21. Banks were chasing us. Statutory obligations loomed large. Creditors stood at our doors. Ecumenical partners sent constant reminders of obligations unmet. Our seminarians could not be fed adequately. Even attending Christian Council meetings became a struggle. My team and I had no space to breathe. This was the stark reality”, he said.

He continued that “through steady progress, through hard work, through faithful stewardship, the Church has made remarkable strides. The current administration paid a total of GHS4,009,559.39 of the debt inherited. In addition, a total of GHS7,067,945.44, being the other debts, membership dues and subscriptions due to partners between 2020 and 2026, has been settled.”

“This brings the total debt-related payments by this administration to GHC11,077,504.83. The current outstanding balance is GHS3,171,763.82” he explained.

He stressed the need to operate profitably in the activities of the church and its assets to prevent accruing debt, lamenting that monies used to pay the debt could have been invested to acquire landing properties and to strengthen agents' welfare and salaries.

He announced the establishment of a water-producing factory which recorded a revenue growth of about 22.88% from 2024 to 2025, surmounting challenges encountered.

Dwelling on the theme, “Cleanliness is next to Godliness”, the Volta Regional Minister, James Gunu, urged the E.P Church to promote proper sanitation practices, urging the church to support the government’s national sanitation drive.

“The Church has a very important role to play in this national agenda. Our churches are not only places of worship; they are centres of moral education, community mobilisation and social transformation.

“I, therefore, encourage the EPCG to continue educating congregations on proper waste disposal, handwashing, clean surroundings, responsible use of water and the protection of our water bodies”, he said.

The 12th General Assembly, which is the last for Col Bliss Agbeko, will end on Sunday, 16th August 2026, with a thanksgiving service.

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.