The Ministry of Finance has announced that the Government of Ghana, through the Bank of Ghana, has successfully effected a Eurobond debt service payment of US$349,523,674.56 on Thursday, 3rd July 2025.
This marks the third major payment since the successful conclusion of Ghana’s Eurobond debt restructuring in October 2024. Cumulatively, the government has now paid US$1.17 billion in Eurobond obligations within the post-restructuring period, as detailed below:
- October 2024: US$475.60 million
- January 2025: US$349.52 million
- July 2025: US$349.52 million
With this latest payment, Ghana is now fully up to date on all scheduled Eurobond debt service obligations for the year 2025.
Outlook for 2026
According to the Ministry, Ghana is expected to service a total of US$1.41 billion in Eurobond debt in 2026.
Implications for the Economy
The Ministry emphasized that this consistent fulfillment of debt obligations underscores the government’s commitment to:
- Maintaining macroeconomic stability
- Pursuing prudent debt management
- Sustaining constructive engagement with external creditors
Furthermore, the timely payment is expected to:
- Positively influence Ghana’s sovereign credit rating trajectory in the months ahead
- Boost investor confidence in Ghana’s economic recovery programme
- Support foreign exchange market stability, as the payment forms part of the Bank of Ghana’s broader reserves and liquidity management strategy
The Ministry reaffirmed its commitment to transparent fiscal governance and proactive debt servicing, which it says are key pillars in restoring economic resilience and credibility in global markets.
BY Peter Quao Adattor
