Hot SourceThe Government of Ghana has successfully honoured its second Eurobond debt service obligation for 2025, paying US$349.52 million last Thursday through the Bank of Ghana.
This payment marks a significant milestone in Ghana’s efforts to restore investor confidence and strengthen economic stability following a comprehensive debt treatment exercise concluded between 2022 and 2023.
According to the Ministry of Finance, the latest tranche forms part of a broader commitment to meet all external debt obligations in a timely manner. The government has so far made two major Eurobond payments since the restructuring, with the first occurring in October 2024.
In total, Ghana is expected to spend approximately US$1.4 billion on Eurobond debt servicing throughout 2025. This disciplined repayment plan underscores the government’s focus on fiscal responsibility and long-term financial credibility.
In a statement, the Minister of Finance, Cassiel Ato Forson, noted that staying current on these payments remains critical to maintaining the country’s standing with international creditors and development partners. The successful execution of these obligations also aligns with requirements under Ghana’s ongoing International Monetary Fund (IMF)-supported economic programme.
““Since the conclusion of Ghana’s Eurobond debt restructuring in October 2024, the Government of Ghana has cumulatively serviced $1.17 billion in Eurobond debt payments.
“This brings Ghana fully up to date on all scheduled Eurobond debt service obligations for 2025,” the statement said.
The government, meanwhile, has reiterated its commitment to prioritising social spending and growth-focused initiatives even as it works to meet its debt obligations. Officials maintain that while debt sustainability is essential, support for critical sectors such as healthcare, education, and infrastructure remains a central pillar of Ghana’s economic strategy.
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