Gov’t Settles $709m Eurobond Early

The Government of Ghana has announced the early settlement of a US$709 million Eurobond, a move officials say demonstrates fiscal discipline and strengthens the country’s economic recovery efforts.
In a statement issued on Wednesday, December 31, 2025, the Ministry of Finance confirmed that the payment was processed on December 30, ahead of its scheduled maturity date. The ministry described the action as part of a broader debt management strategy aimed at restoring confidence in Ghana’s financial credibility.
Finance Minister Dr. Cassiel Ato Baah Forson hailed the settlement as a critical milestone in the nation’s debt restructuring programme. He explained that the government’s ability to meet obligations ahead of schedule reflects a commitment to transparency and disciplined fiscal management. According to him, such measures are essential to rebuilding investor trust and reaffirming Ghana’s position as a reliable sovereign borrower.
This latest payment brings total Eurobond settlements for 2025 to approximately US$1.4 billion. Earlier in the year, the government made two separate payments of US$349.52 million each, consistent with the terms of its debt restructuring agreement. Officials say these actions highlight Ghana’s determination to meet international obligations while pursuing reforms to stabilize the economy.
Dr. Forson emphasized that the government remains focused on intensifying reforms in domestic revenue mobilisation, public financial management, and debt sustainability. He noted that disciplined debt servicing is central to creating fiscal space for national development projects. The ministry’s statement also outlined plans to strengthen fiscal buffers to ensure future debt obligations can be met without undermining financing for infrastructure, social services, and other priorities.
The Finance Minister expressed gratitude to citizens for their resilience and support throughout the economic stabilization process. He appealed for continued cooperation as additional reforms are rolled out in the coming year, stressing that collective effort is vital for long-term recovery.
Looking ahead, Dr. Forson expressed optimism that 2026 will mark a transformative chapter for Ghana’s economy. He assured that government policies will remain focused on growth, fairness, and sustainability, positioning the country to achieve stronger fiscal health and renewed investor confidence.