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Ghana has signed a bilateral debt agreement with the Federal Republic of Germany, marking the sixth such deal under the country’s ongoing debt restructuring efforts.
The agreement forms part of Ghana’s engagement with its official creditors under the G20 Common Framework, following earlier bilateral arrangements concluded with China Exim Bank, France, Finland, the United Kingdom, and Spain.
Finance Minister, Dr. Cassiel Ato Forson, described the new agreement as a significant milestone in Ghana’s economic recovery process. He said it would help consolidate fiscal stability and support sustained growth.
“This agreement strengthens the foundation of our economic recovery and anchors long-term progress,” Dr. Forson noted.
He expressed appreciation to the government and people of Germany for their continued partnership and confidence in Ghana’s economic reforms, stressing that the deal reflects the depth of cooperation between both nations.
German Ambassador to Ghana, Frederik Landshöft, lauded the government’s commitment to stabilising the economy and reaffirmed Germany’s readiness to deepen its bilateral and economic cooperation with Ghana.
The signing with Germany comes shortly after Ghana concluded a similar bilateral debt restructuring agreement with the Kingdom of Spain — the fifth under the Official Creditor Framework. That deal was signed by Dr. Cassiel Ato Forson on behalf of Ghana and H.E. Ángel Lossada Torres-Quevedo, the Spanish Ambassador to Ghana, on behalf of Spain.
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