Gov’t Pays $700m to Eurobond Holders, GHS 9.8bn to DDEP Investors – Finance Minister
Ghana has made significant progress in fulfilling its debt service obligations, with a total of approximately $700 million paid to Eurobond holders in the first half of 2025, according to Finance Minister, Dr Cassiel Ato Forson.
Delivering the 2025 Mid-Year Budget Review in Parliament, Dr Forson affirmed Government’s firm commitment to restoring debt sustainability and maintaining investor confidence.
“In line with Government’s strong commitment to honouring debt service obligations, we made debt service payments of approximately $700 million to Eurobond holders during the first half of 2025,” the Minister noted.
Domestically, Government paid GHS 9.8 billion in coupons to Domestic Debt Exchange Programme (DDEP) bondholders during the same period, out of which GHS 3.6 billion was capitalised. An additional GHS 1.1 billion was paid to non-tendered bondholders as outstanding 2024 debt service.
For the remainder of the year, the Government is expected to pay GHS 10.2 billion in coupons to DDEP bondholders and GHS 724.1 million to non-tendered bondholders.
Dr Forson assured that the Government has made adequate preparations to fully meet all debt service obligations for the rest of 2025 and beyond.
He also disclosed that Parliament had, on June 24, 2025, approved the indicative terms of the Memorandum of Understanding (MoU) between Ghana and the Official Creditor Committee (OCC), with Ghana now poised to sign bilateral agreements with two countries, with four additional agreements expected by the end of July 2025.
The update comes as the Government continues its engagement with creditors and maintains efforts to restore macroeconomic stability, debt sustainability, and economic growth.
