Ghana, Germany sign bilateral debt agreement to support economic recovery
Ghana has signed a bilateral debt agreement with the Federal Republic of Germany, marking the sixth such deal under the country’s ongoing debt restructuring programme.
Finance Minister Dr. Cassiel Ato Forson described the agreement as a major milestone in Ghana’s economic recovery efforts, saying it would reinforce fiscal stability and lay a solid foundation for sustainable growth.
“This agreement represents another important step in strengthening the fundamentals of our economy and anchoring long-term progress,” Dr. Forson said.
He expressed gratitude to the Government and people of Germany for their continued partnership and confidence in Ghana’s future, noting that the accord underscores the strong and enduring cooperation between the two nations.
German Ambassador to Ghana, Frederik Landshöft, congratulated Dr. Forson and commended the government for its strides in stabilising the economy. He reaffirmed Germany’s commitment to deepening bilateral relations and expanding economic cooperation with Ghana.
The agreement adds to a growing list of bilateral arrangements with creditor nations, reflecting Ghana’s steady progress in implementing its comprehensive debt restructuring plan aimed at restoring debt sustainability and economic resilience.
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