Ghana finalises 16 of 25 bilateral debt agreements
By the AFREEQUE newsroom, based on MyJoyOnline
Illustrative image · RDNE Stock project · Pexels · Licence PexelsGhana has finalised 16 of the 25 bilateral agreements planned with its official creditors as part of its external debt restructuring. Remaining non-bonded commercial creditors now account for less than 5% of covered debt, according to the Global Sovereign Debt Roundtable.
Ghana has finalised 16 of the 25 bilateral agreements concluded with its official creditors as part of its external debt restructuring, according to the Global Sovereign Debt Roundtable (GSDR). Negotiations are continuing with the remaining non-bonded commercial creditors, who now account for less than 5% of the debt covered by the operation.
The bilateral agreements concern members of Ghana’s Official Creditor Committee, which coordinates bilateral debt treatment under the G20 Common Framework. The GSDR says 22 new bilateral agreements have been signed since April 2026 in the various restructuring cases followed by the forum.
Ghana suspended payments in December 2022 on certain external debts, including Eurobonds, commercial loans and certain bilateral debts. This preceded approval of a $3 billion programme from the International Monetary Fund, accompanied by a first disbursement of $600 million.
