The Government of Ghana has made headlines by fully settling a US$700 million Eurobond obligation ahead of schedule, a move the Ministry of Finance says demonstrates the country’s commitment to prudent public debt management and macroeconomic stability.
According to a statement from the Ministry, the payment, completed on Thursday, July 2, 2026, comprised US$525.2 million in principal repayments and US$174.8 million in interest payments. This latest settlement brings Ghana’s total payments to Eurobond holders to US$2.1 billion since January 2025, reflecting the country’s ongoing efforts under its Eurobond Debt Exchange Programme.
The Ministry of Finance emphasized that the repayment was carried out through the government’s planned financing arrangements, avoiding any undue pressure on Ghana’s foreign exchange reserves. “The payment was made through the Government’s planned financing arrangements without undue pressure on the country’s foreign exchange reserves,” the Ministry noted.
Government officials believe this early repayment will further reduce Ghana’s outstanding external debt burden and strengthen investor confidence as the country continues to advance fiscal and macroeconomic reforms.
The Ministry highlighted that meeting the Eurobond obligation ahead of schedule underscores the government’s dedication to maintaining sound public debt management practices and safeguarding macroeconomic stability as Ghana implements its economic recovery programme.
This milestone payment comes as Ghana works to restore international investor confidence following the successful completion of its external debt restructuring and the ongoing implementation of reforms under the IMF Policy Coordination Instrument (PCI).
The Ministry of Finance reiterated its commitment to sound public financial management, vowing to continue timely servicing of the country’s debt obligations while prioritizing fiscal sustainability.
The Ministry also extended its appreciation to Ghanaians for their patience, support, and continued confidence as the government pursues policies aimed at restoring economic stability and rebuilding market trust.
Source: Apexnewsgh.com