Ghana has taken another significant step in rebuilding investor confidence after fully settling a US$700 million Eurobond debt obligation ahead of schedule, reinforcing the country’s commitment to prudent debt management and fiscal stability.
The Ministry of Finance announced that the payment was completed on Thursday, July 2, 2026. The amount comprised US$525.2 million in principal repayments and US$174.8 million in interest payments under Ghana’s ongoing Eurobond Debt Exchange Programme.
With the latest transaction, the government has now paid a total of US$2.1 billion to Eurobond holders since January 2025, fulfilling commitments made as part of the country’s external debt restructuring process.
The early repayment comes at a critical period as Ghana works to restore credibility in international financial markets following the successful restructuring of its external debt and the continued implementation of economic reforms under the IMF Policy Coordination Instrument (PCI).
According to the Ministry, the payment was financed through the government’s planned funding arrangements and did not place excessive pressure on the country’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 said in a statement.
Officials believe the latest repayment will further reduce Ghana’s external debt burden while boosting confidence among international investors and development partners in the country’s economic recovery programme.
The Ministry also stated that honouring the obligation ahead of schedule demonstrates the government’s commitment to responsible public debt management, macroeconomic stability and fiscal discipline.
It reaffirmed its commitment to implementing sound public financial management measures to ensure that future debt obligations are met on time while maintaining fiscal sustainability.
The government further expressed appreciation to Ghanaians for their patience and continued support throughout the country’s economic recovery efforts, saying it remains focused on policies that will strengthen the economy, restore market confidence and promote long-term growth.
By: Janice Opoku-Agyemang
