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BusinessGeneralHeadlines

Finance Ministry Reports Progress in Debt Talks, Assures Fair Treatment

Risa Wyettey Cofie By Risa Wyettey Cofie Published May 29, 2025
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The Ministry of Finance has announced continued progress in Ghana’s ongoing debt restructuring discussions with all remaining external creditors.

In a statement released today, the government assured its international partners that it remains fully committed to the principles of the G20 Common Framework, emphasizing that no creditor has been treated preferentially. The Ministry reiterated its adherence to the principle of Comparability of Treatment and confirmed that the provisions outlined in the Memorandum of Understanding (MoU) with official creditors have been strictly observed.

“As part of this commitment, the government has continued to remain in arrears with all external creditors included in the debt restructuring perimeter,” the statement noted.

The Ministry expressed gratitude to Ghana’s partners for their “forbearance, cooperation and support” as the country works toward a fair and mutually beneficial resolution to its debt challenges.

The update is part of Ghana’s broader engagement with creditors to restore debt sustainability and stabilize the economy.

Below is a copy of the press statement:

Starrfm.com.gh

Source: Ghana/Starrfm.com.gh/Risa Wyettey Cofie

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TAGGED:debt restructuringMinistry of Finance - Ghana
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By Risa Wyettey Cofie
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Risa Wyettey Cofie is passionate about discovering and telling stories, inspiring growth, building sought-after personal brands, and impacting lives. She’s an Author, a Digital Journalist, a Personal Brand Manager, and a Social Impact Advocate. She’s also a Web Content Manager at EIB Network; and the Founder of Star Your Brand, Today’s Youth Africa, Damsels on Fire Tour and Ghana Needs Peace Campaign.
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