Ghana Finalises Key Phase of Debt Restructuring with Official Creditors

• Ghana secures Memorandum of Understanding (MoU) with all 25 creditor nations
• Debt service relief of US$2.8 billion granted for 2023-2026 under IMF program

Accra, Ghana – Ghana has successfully signed a Memorandum of Understanding (MoU) with all 25 participating creditor countries, marking a significant step in the country’s debt restructuring process. The agreement, formalised with the Official Creditors Committee, is a crucial milestone in Ghana’s efforts to restore debt sustainability under the International Monetary Fund (IMF) program.