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    Home » Gov’t prepares to honor US$1.4bn Eurobond debt servicing next year
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    Gov’t prepares to honor US$1.4bn Eurobond debt servicing next year

    Adnan AdamsBy Adnan AdamsJuly 9, 2025No Comments6 Views
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    The Government of Ghana as part of its Eurobond debt servicing obligations under the Debt Restructuring negotiations has made the last batch payment for 2025, of US$349.52 million.

    This is bringing the total of payment made towards Eurobond servicing since October 2024 to US$1,174.64 million.

    The Ministry of Finance in a statement released last week gave the breakdown 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, in July 2025, a further US$349.52 million has been paid. This brings Ghana fully up to date on all scheduled Eurobond debt service obligations for 2025”, the statement signed by the Finance Minister, Dr Cassiel Ato Forson read.

    “Looking ahead to 2026, a total debt service of US$1,409.06 million is scheduled.

    “This timely payment reaffirms Ghana’s commitment to macroeconomic stability, prudent debt management, and constructive engagement with external creditors.”

    The Ministry expects that, the timely honoring of the debt obligations will: “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 program; and Support foreign exchange market stability, as it has been incorporated into the Bank of Ghana’s reserves and liquidity management strategy.”

     

    By Adnan Adams Mohammed

    Dr Cassiel Ato Forson EuroBond
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