Gov't pays $349.52 million Eurobond debt service to fulfill 2025 obligations
The Government of Ghana has successfully fulfilled its Eurobond debt service commitments for 2025 with the payment of US$349.52 million on Thursday, July 3, 2025.
The Ministry of Finance announced the payment, made through the Bank of Ghana, as part of the country's post-restructuring debt obligations.
This latest instalment brings the total Eurobond debt service payments for 2025 to US$699.04 million, following two earlier payments of equal value in January and July.
The government had previously made an initial payment of US$475.60 million in October 2024, shortly after concluding a comprehensive Eurobond debt restructuring deal.
In total, Ghana has now serviced US$1.17 billion in Eurobond payments since the restructuring, bringing it fully up to date on all scheduled debt obligations for the year.
The Ministry of Finance emphasised that the timely payment underscores the government’s commitment to macroeconomic stability, prudent debt management, and ongoing cooperation with external creditors.
Looking ahead, Ghana is scheduled to service US$1.41 billion in Eurobond debt in 2026.
According to the Ministry, this latest payment is expected to:
Positively impact Ghana’s credit rating outlook by reinforcing its post-restructuring fiscal discipline,
Strengthen investor confidence in the country’s sovereign creditworthiness and economic recovery programme, and
Support stability in the foreign exchange market, with the payment integrated into the Bank of Ghana’s reserves and liquidity management framework.
The government says it remains committed to meeting all future debt obligations as part of its broader economic recovery and reform agenda
Source: Classfmonline.com/Cecil Mensah
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