Audio By Carbonatix
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.
Latest Stories
-
GNECC calls for stronger tracking of education funds for girls, children with disabilities
12 minutes -
New African-centred platform launched to equip workforce with green economy skills
12 minutes -
Builders unearth €9m gold stash sealed in walls of Belgian property
14 minutes -
E.P. Church Ghana clears GH¢11m in debt payments, outstanding balance falls to GH¢3.17m
16 minutes -
Government now criminalising the same political commentary it benefited from – Afenyo-Markin
17 minutes -
NPP parliamentary aspirant Sylvester Isang unveils eight-point ‘Nandom agenda’ ahead of primary
18 minutes -
Teens who fled Venezuela after deadly quakes caught in another disaster in Colombia
23 minutes -
Location matters more than house size when buying property – Architect Birmeh
24 minutes -
US says dozens of countries helped China dodge Trump’s tariffs
26 minutes -
US missionary released following kidnap in Niger, Christian group says
27 minutes -
COKA, Kokofu, Abronye ,Okoe-Boye among big names in NPP regional elections
34 minutes -
“Social media helps you put your business out there” – NIS Cakes CEO
34 minutes -
TVET skills key to tackling unemployment, indiscipline – TVET Director-General
42 minutes -
Ohemaa Mercy launches 2026 Tehillah Experience; event slated for September 13
42 minutes -
‘Africa is not a problem continent, but an opportunity continent’ – Wakanow CEO
43 minutes