Ghana has signed a bilateral debt agreement with the Federal Republic of Germany, marking the sixth such agreement under the country’s ongoing debt restructuring programme.
Finance Minister Dr. Cassiel Ato Forson described the agreement as a significant milestone in Ghana’s path to economic recovery, noting that it will help strengthen the foundations of fiscal stability and anchor long-term economic progress.
Dr. Forson expressed appreciation to the Government and people of Germany for their continued partnership and confidence in Ghana’s future, adding that the agreement reflects the strong cooperation between the two countries.
German Ambassador to Ghana, H.E. Frederik Landshöft, congratulated Dr. Forson and commended the government for the progress made in stabilizing the economy. He reaffirmed Germany’s commitment to deepening its bilateral and economic cooperation with Ghana.
The signing follows similar bilateral agreements concluded in recent months with France, the United Kingdom, and Spain, among others. These agreements form part of Ghana’s comprehensive debt restructuring framework to align debt service obligations with the country’s capacity to pay while ensuring fiscal sustainability.
