As part of the requirements of the debt restructuring exercise, the government has made a $709 million payment to Eurobond holders, settling part of the country’s indebtedness.
This payment, surprisingly, was made on December 30, 2025, ahead of the scheduled date.
The Minister for Finance, Dr. Cassiel Ato Forson, in announcing the feat, said this set is significant towards the country’s path to economic recovery.
This ahead-of-schedule payment, he added, is a clear signal to global investors that Ghana is serious about fixing its debt challenges and restoring credibility after years of fiscal strain.
With this latest payment, Ghana’s total Eurobond servicing in 2025 alone now stands at about $1.4 billion. This includes two earlier payments of US$349.52 million each, made under the country’s debt restructuring agreement with external creditors.
Together, the payments show steady progress in honouring commitments agreed during the restructuring process.
“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. This brings total payments in 2025 alone to US$1.4 billion to Eurobond holders under the restructuring memorandum, comprising payments of US$349.52 million, US$349.52 million, and US$709.00 million,” the Finance Minister announced.
By settling the $709 million ahead of time, the government is showing discipline and predictability in debt management. This improves Ghana’s standing with investors and credit rating agencies, making it easier and cheaper to access financing when needed.
It also strengthens Ghana’s hand as it works to fully exit its debt distress phase and rebuild buffers for future shocks.
The government says the payment will be followed by intensified reforms in domestic revenue mobilisation, public financial management, and debt management. The Minister says the government plans to raise more money at home, spend it better, and borrow more responsibly.
“The timely settlement reaffirms Ghana’s credibility as a sovereign borrower and underscores Government’s commitment to restoring investor confidence through transparent, predictable, and disciplined debt-service practices. Building on this achievement, Government will intensify reforms in domestic revenue mobilisation, public financial management, and public debt management,” the Minister added.
Eurobond payments are expected to have a real impact on the economy and indirectly affect Ghanaians.
With Ghana religiously meeting its Eurobond payment obligations, as spelt out in the debt restructuring agreement, the country is building trust, and borrowing will become less expensive to fund developmental projects.
