Ghana has taken a major step toward completing its external debt restructuring programme after successfully exchanging the outstanding Savings and Development Economic Recovery Agreement (SADEREA) Notes, the Ministry of Finance announced.
According to the Ministry, the transaction was settled on Monday, July 13, 2026, with a value date of July 10, 2026, marking the resolution of the last outstanding component of Ghana’s sovereign bonded debt restructuring.
In a statement, the Ministry described the successful exchange as a significant milestone in the country’s economic recovery efforts. The SADEREA Notes, 12.5% Senior Secured Amortising Bonds, were originally issued to finance capital expenditure in Ghana’s health sector. The original issuance totaled US$253.2 million, with about US$117.8 million in principal remaining as of January 2026.
The Ministry emphasized that completing the exchange demonstrates the government’s commitment to restoring debt sustainability, boosting investor confidence, and maintaining macroeconomic stability.
This achievement comes as part of Ghana’s broader debt restructuring efforts, aimed at reducing debt burdens and restoring fiscal sustainability after a period of severe economic challenges, including high debt levels and constrained access to international capital markets.
The Ministry of Finance reaffirmed its commitment to prudent debt and public financial management to safeguard Ghana’s long-term economic stability.
Source: Apexnewsgh.com