Ghana signed a bilateral debt restructuring agreement with the United Kingdom covering about $256 million, Finance Minister Cassiel Ato Forson said on Wednesday (24 September)
This marks the third such deal under the country’s ongoing debt overhaul.
The agreement, signed with UK’s Trade Commissioner for Africa, John Humphrey, follows similar pacts with France and the Export-Import Bank of China.
Ghana, which defaulted on most of its external debt in late 2022, has been restructuring obligations to restore fiscal stability and secure financing for stalled infrastructure.
Forson said Ghana was also working with UK Export Finance (UKEF) to reinstate support for key projects, including the Bolgatanga–Bawku–Pulimakom road, the modernisation of Komfo Anokye Teaching Hospital in Kumasi, the Obetsebi Lamptey Interchange Phase II, the first phase of the Tema–Aflao road, and the redevelopment of Kumasi Central Market.
Also present at the signing were UK High Commissioner to Ghana Christian Rogg, Finance Ministry Chief Director Patrick Nomo and other officials.
“This milestone reflects the deepening of our partnership with the United Kingdom,” Forson wrote in a Facebook post.
Asaase Broadcasting Company airs on Asaase 99.5 Accra, Asaase 98.5 Kumasi, Asaase 99.7 Tamale, Asaase 100.3 Cape Coast, AsaasePa 107.3 (Accra).
Affiliates: Bawku FM 101.5, Bead FM 99.9 (Bimbilla), Mining City Radio 89.5 (Tarkwa), Nandom FM 101.9, Nyatefe Radio 94.5 (Dzodze), Sissala Radio 96.3 (Tumu), Somuaa FM 89.9 (Gushegu), Stone City 90.7 (Ho) and Wale FM 106.9 (Walewale).
Listen online: asaaseradio.com, Sound Garden and TuneIn.
Follow us:
X: @asaaseradio995, @Asaase985ksi, @Asaase997tamale, @asaase1003, asaasepa1073
Instagram: asaaseradio99.5, asaase985ksi, asaase100.3, asaase99.7tamale, asaasepa107.3
LinkedIn: company/asaaseradio995. TikTok: @asaaseradio99.5
Facebook: asaase99.5, asaase985ksi, Asaase100.3, asaase99.7, AsaasePa107.3.
YouTube: AsaaseRadioXtra.
Join the conversation. Accra: call 020 000 9951/054 888 8995, WhatsApp 020 000 0995. Kumasi: call 059 415 7985 or call/WhatsApp 020 631 5260. Tamale: call/WhatsApp/SMS 053 554 6468. Cape Coast: call/WhatsApp 059 388 2652.
#AsaaseRadio
#AsaasePa
#TheVoiceofOurLand
