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    Kwame Baffoe Abronye Declares Bid for NPP Presidential Flagbearership

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    Investigative Journalist Edward Adeti set to release explosive Upper East Regional Hospital probe on Sunday

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    Tamale Assembly Doubles Down on Education and Health as Over 2,600 Desks and New CHPS Compounds Emerge

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    KNUST appoints Professor Christian Agyare as next Vice-Chancellor

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    10 invigilators arrested nationwide for exam malpractices – WAEC

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Ghana pays $349.5 million eurobond debt, fulfilling 2025 obligations

Kumasi Mail by Kumasi Mail
July 3, 2025
in Business
0
No payments to contractors until audit completion- Finance Minister

Finance Minister Dr. Ato Forson

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The Government of Ghana has successfully made a $349.52 million Eurobond debt service payment through the Bank of Ghana.

The payment brings the country fully up to date on all its scheduled Eurobond obligations for 2025, the Ministry of Finance announced Thursday.

According to the Ministry, the payment was completed on July 3, 2025, and marks the third major installment following the conclusion of Ghana’s Eurobond debt restructuring in October 2024.

In total, Ghana has now serviced $1.17 billion in Eurobond debt payments post-restructuring of ,

$475.60 million in October 2024, covering the initial post-restructuring obligations;

$349.52 million in January 2025; and

$349.52 million in July 2025.

“These timely payments reaffirm Ghana’s commitment to macroeconomic stability, prudent debt management, and constructive engagement with external creditors,” the Ministry stated.

Looking ahead, Ghana is scheduled to service $1.41 billion in Eurobond debt in 2026.

The Ministry expressed optimism that the latest payment would bolster investor confidence, support foreign exchange stability, and positively impact Ghana’s credit ratings.

The Bank of Ghana has integrated these payments into its reserves and liquidity strategy as part of ongoing efforts to stabilize the economy and strengthen the country’s fiscal outlook.

Tags: debt restructuringeurobond paymentFinance ministrytopstory
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