Audio By Carbonatix
Government has confirmed that it is fully current on all scheduled Eurobond debt service obligations for the 2025 financial year.
In an official statement issued by the Finance Ministry on Wednesday, it announced that “the Government of Ghana has, through the Bank of Ghana, successfully effected a payment of US$349,523,674.56 in respect of Eurobond debt service obligations today, Thursday, July 3, 2025.”
The Ministry noted that since concluding Ghana’s Eurobond debt restructuring in October 2024, the government has cumulatively serviced US$1,174.64 million in Eurobond debt payments.
The breakdown of these payments is 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.”
• “And now, in July 2025, a further US$349.52 million has been paid.”
The statement confirmed that “this brings Ghana fully up to date on all scheduled Eurobond debt service obligations for 2025.”
Looking ahead, the Ministry disclosed that “a total debt service of US$1,409.06 million is scheduled” for 2026.
The statement further emphasised that “this timely payment reaffirms Ghana’s commitment to macroeconomic stability, prudent debt management, and constructive engagement with external creditors.” It added that the development is expected to:
• “Positively influence Ghana’s credit ratings trajectory in the months ahead, as it demonstrates continued discipline in debt servicing post-restructuring.”
• “Boost investor confidence in Ghana’s sovereign credit profile and economic recovery programme.”
• “Support foreign exchange market stability, as it has been incorporated into the Bank of Ghana’s reserves and liquidity management strategy.”
The Ministry reiterated its assurance to the public and external partners of Ghana’s ongoing commitment to honouring its debt obligations in line with the agreed restructuring terms and its broader macroeconomic recovery agenda.
Latest Stories
-
Four giants. One crown. The World Cup reaches its defining moment.
48 minutes -
Trump reinstates Iran port blockade and vows 20% charge on cargo passing through Hormuz
6 hours -
National Chief Imam mourns Yaa Naa Abukari II, hails him as a symbol of unity and integrity
6 hours -
Ghana Medical Trust Fund reviews Cape Coast Teaching Hospital partnership to deliver better care
6 hours -
Lawra Assembly pledges urgent renovation of traditional council office following GH₵130,000 logistics donation
6 hours -
Ghana declares first Child Labour-Free Zones in Ashanti, Western North with JICA support
6 hours -
Classroom tears to boardroom fears: One technique that saves both
6 hours -
Queenmother completes Upper West tour to promote shea conservation, women’s economic empowerment
6 hours -
Miracles Aboagye arrest: ‘Bail terms cruel and oppressive’ – Atta Akyea slams EOCO
6 hours -
GNFS rescues trapped victim after Kpetoe-Sarakope road collision
6 hours -
Brogya Genfi calls for stronger government-Zoomlion partnership to restore flood-hit communities
7 hours -
Dennis Miracles Aboagye granted GH¢50m bail by EOCO
7 hours -
Current appointees should take a cue from Miracles Aboagye’s case – Amaliba
7 hours -
Miracles Aboagye arrest: Failure to protect public funds can attract criminal liability – Amaliba
8 hours -
Ghanaian midfielder Amin Ziblim joins Romanian giants CFR Cluj on three-year deal
8 hours