Ghana has signed a bilateral debt agreement with Germany, marking the sixth such agreement under the country’s ongoing debt restructuring programme.
The Minister of Finance, Dr Cassiel Ato Forson, described the pact as a significant milestone in Ghana’s economic recovery journey, noting that it would 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 reflected 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 stabilising the economy, reaffirming Germany’s commitment to deepening its bilateral and economic cooperation with Ghana.
The agreement forms part of Ghana’s ongoing efforts to restore debt sustainability and strengthen the foundations for economic recovery.
This development comes after Ghana concluded bilateral debt restructuring agreements with China Exim Bank, France, Finland, the United Kingdom, and Spain.
