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By Edward Sebbie Graham
Ghana has met another key Eurobond debt servicing obligation, further bolstering its reputation for disciplined fiscal management. The Bank of Ghana confirmed that a payment of US$349.523 million was recently made, bringing the country’s 2025 Eurobond servicing schedule fully up to date.
In a statement issued by the Ministry of Finance on July 3, 2025, officials detailed that since the October 2024 Eurobond debt restructuring, cumulative payments have reached US$1.17464 billion. The restructuring agreement was marked by an initial service payment of US$475.60 million in October 2024, followed by an installment of US$349.52 million in January 2025. The latest remittance of US$349.523 million completes the scheduled obligations for this year.
Economists and market analysts view these timely payments as a reaffirmation of Ghana’s commitment to macroeconomic stability and prudent debt management. By maintaining regular debt servicing, the government aims to sustain investor confidence in its sovereign credit profile and support broader efforts to stabilize the foreign exchange market—a strategy that is integral to the Bank of Ghana’s reserves and liquidity management approach.
Looking ahead, government sources indicated plans to manage a total of US$1.40906 billion in Eurobond debt servicing payments in 2026, further underscoring Ghana’s dedication to orderly financial operations post-restructuring.
Ghana’s consistent servicing of its external obligations is expected to have a positive impact on its credit ratings trajectory in the coming months, aiding efforts to spur economic recovery and attract future investments in its growing economy.
