Ghana fully up to date on 2025 Eurobond debt service obligations – Finance Minister

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.

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