The Government of Ghana has reaffirmed its commitment to equitable and transparent debt restructuring negotiations with its external creditors. According to a statement from the Ministry of Finance, the ongoing talks are being conducted in line with the G20 Common Framework, which is designed to provide coordinated debt relief support to countries facing financial difficulties.
The statement, released on Thursday, May 29, 2025, emphasized that no creditor has received preferential treatment. This approach aligns with the principle of Comparability of Treatment, ensuring that all creditors are handled equitably in the restructuring process.
Ghana has also confirmed adherence to its Memorandum of Understanding (MoU) with official creditors. The government noted that it continues to maintain arrears uniformly with all creditors involved in the restructuring scope, demonstrating consistency and fairness in its engagements.
The Finance Ministry expressed appreciation for the patience and collaboration of international partners. It reiterated that the goal is to reach a debt resolution that is fair and beneficial to all stakeholders, balancing the country’s economic recovery needs with creditor interests.
In closing, the government assured its commitment to constructive dialogue and long-term economic stability. It encouraged continued cooperation from its partners to ensure a sustainable and mutually agreeable outcome from the ongoing negotiations.
Source: Citi newsroom