Former President John Dramani Mahama has expressed gratitude to the Republic of South Korea for forgiving Ghana’s debt, which he said will significantly bolster Ghana’s debt restructuring efforts during these challenging economic times.

Mr Mahama gave the thanks when he met with Ambassador Park Kyongsig of South Korea to discuss the invaluable support and investments South Korea has committed to Ghana.

Their discussion also delved into the $2 billion framework arrangement, a substantial investment that will significantly impact crucial sectors such as healthcare, education, environment, and agriculture.

“This arrangement, coupled with the introduction of new rice varieties, holds immense potential for enhancing food sufficiency in Ghana,” Mr Mahama said.

He added that South Korea's commitment to bolstering the agricultural sector is truly commendable and will undoubtedly make a substantial difference.

Mr Mahama also shared with Ambassador Park the National Democratic Congress’ plans to establish rice mills and Farmer Service Centres to boost the agricultural sector.

As the nation gear up for the upcoming elections, Mr Mahama raised concerns about the independence of the Electoral Commission and urged South Korea and the international community to swiftly advocate free and fair elections in Ghana.