The Government of Ghana has expressed optimism for the year ahead, thanking citizens for their resilience and support while highlighting recent progress in debt management and economic recovery. Officials declared, “May 2026 be our best year yet.”
Eurobond Settlement Milestone
•On December 30, 2025, Ghana settled a US$709 million Eurobond obligation ahead of schedule.
•This payment brings the total Eurobond repayments for 2025 to approximately US$1.4 billion, under the country’s debt restructuring memorandum.
•Earlier payments included two tranches of US$349.52 million each, followed by the early December settlement.
Significance of the Payment
According to the Ministry of Finance, the timely repayment:
•Reinforces Ghana’s credibility as a sovereign borrower
•Demonstrates the government’s commitment to transparent, disciplined, and predictable debt servicing
•Signals a renewed effort to rebuild investor confidence following years of debt distress
Background
•Ghana was compelled to restructure its external debt due to a sharp deterioration in public finances, driven by rising debt levels, escalating interest costs, and global economic shocks.
•Since then, honoring restructured obligations has been a central focus of the government’s broader macroeconomic stabilization and recovery programme.
Next Steps in Economic Management
Building on the Eurobond settlement, government plans to:
•Intensify domestic revenue mobilization
•Strengthen public financial management
•Enhance public debt management
The objective is to fortify fiscal buffers to support future debt-service obligations while sustainably financing national development priorities.
Message to Citizens
The government expressed gratitude to Ghanaians, noting that their patience and cooperation have been vital to the progress achieved so far. Authorities also appealed for continued support as further economic reforms are rolled out in 2026 to consolidate the gains of 2025.
Full Statement Excerpt:
“The Ministry of Finance has successfully settled a US$709 million Eurobond obligation on 30th December 2025, ahead of its due date, marking another significant milestone in Ghana’s economic recovery and debt-management efforts… Building on this achievement, Government will intensify reforms in domestic revenue mobilisation, public financial management, and public debt management… May 2026 be our best year yet.”
Outlook
Government officials describe 2026 as a year of greater economic opportunity, emphasizing continued reforms aimed at stabilizing finances, enhancing investor confidence, and sustaining national development.
Source: Africa Publicity
