Ghana To Repay 36 Billion Cedis In Debt Ahead Of Schedule

Ghana To Repay 36 Billion Cedis In Debt Ahead Of Schedule

According to an official fiscal report published on Friday, November 13, 2026, by Voice of Nigeria, the Government of Ghana has announced plans to retire more than 36 billion Ghanaian cedis in public debt ahead of schedule. Finance Minister Dr. Cassiel Ato Forson confirmed that Ghana will redeem 29 billion cedis—equivalent to roughly $2.48 billion—in Domestic Debt Exchange Programme bonds originally due in February 2027.

In addition to domestic bond redemptions, the government will repay by December 31, 2026, the second Eurobond restructured in 2024, which was scheduled to mature in January 2027. These early repayments follow Ghana’s successful completion of its three-billion-dollar International Monetary Fund (IMF) support programme.

Under the newly presented 2027 national budget, Ghana projects overall economic growth to rise to 5.2 percent, up from 4.8 percent in 2026. The fiscal framework also forecasts a reduced budget deficit of 3.6 percent of Gross Domestic Product compared to four percent in 2026, alongside a central inflation target of eight percent.

Moving forward, Ghana will continue working with the IMF under a three-year Policy Coordination Instrument that provides regular economic reviews and policy guidance without direct financial assistance.

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