By Iddi Yire, GNA
Accra, July 06, GNA – The Ministry of Finance has fully settled its Eurobond obligation of $700 million ahead of schedule.
A statement issued by the Finance Ministry said the payment consisted of $525.2 million in principal repayments and $174.8 million in interest payments.
It noted that with this latest payment, Ghana had paid a total of $2.1 billion to Eurobond holders since January 2025, in accordance with the terms of the Eurobond Debt Exchange Programme.
The statement said the payment was made through the Government’s planned financing arrangements without undue pressure on the country’s foreign exchange reserves.
It said the settlement reduces Ghana’s outstanding Eurobond debt, strengthens investor confidence, and demonstrates the Government’s commitment to prudent debt management and macroeconomic stability.
It said the Ministry of Finance would continue to implement sound public financial management practices to ensure the timely servicing of Ghana’s debt obligations.
The statement said the Ministry expresses its gratitude to the people of Ghana for their continued patience, support, and confidence.
GNA
Edited by Benjamin Mensah