Ghana signs bilateral debt agreement with Germany

Ghana has entered into a bilateral debt agreement with the Federal Republic of Germany, representing the sixth such agreement under the country’s ongoing debt restructuring program.

Finance Minister Dr. Cassiel Ato Forson characterized the agreement as a significant milestone in Ghana’s economic recovery journey, noting that it will serve to strengthen the foundations of fiscal stability and anchor long-term economic progress.

Dr. Forson expressed gratitude 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, 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.