Ghana has signed its seventh bilateral debt restructuring agreement, marking another important milestone in the country’s ongoing efforts to restore debt sustainability and stabilize the economy under its broader reform programme.
The latest agreement was concluded with the Czech Republic and signed on Wednesday, December 10, 2025, by the Minister for Finance, Dr. Cassiel Ato Forson, and Mr. René Jakl, Director of the Claims and Recoveries Department at the Export Guarantee and Insurance Corporation (EGAP), representing the Czech Republic.
The agreement forms part of Ghana’s wider debt restructuring strategy, which seeks to realign public debt obligations with the country’s capacity to pay, while safeguarding macroeconomic stability and supporting economic recovery.
Speaking after the signing, Dr. Forson conveyed Ghana’s appreciation to the Czech government and people, noting that the long-standing relationship between the two nations continues to deepen.
Mr. Jakl, on his part, described the agreement as the beginning of a new chapter in bilateral cooperation, one that creates room for future engagements and additional support.
The signing ceremony was witnessed by the Ambassador of the Czech Republic to Ghana, Mr. Pavel Bílek, alongside officials from Ghana’s Ministry of Finance.
The agreement with the Czech Republic brings the total number of bilateral debt restructuring deals signed by Ghana to seven, following similar arrangements reached with other official creditor countries.
These bilateral agreements align with Ghana’s commitments under the International Monetary Fund-supported economic programme, which aims to reduce debt vulnerabilities, stabilize the macroeconomy, rebuild confidence, and lay the foundation for sustainable and inclusive long-term growth.
