The Ministry of Finance announced that Ghana has completed the last phase of its foreign debt restructuring after the outstanding SADEREA Notes were successfully exchanged.
The Ministry states that the transaction, which had a value date of July 10, 2026, was completed on July 13, 2026, thereby completing the final phase of the nation’s restructuring of its sovereign bonded debt.
The development puts Ghana closer to completing its extensive foreign debt restructuring program and represents a major turning point in the country’s economic recovery efforts.
The 12.5% Senior Secured Amortising Bonds that make up the SADEREA Notes were initially issued to fund capital expenditures in Ghana’s health sector.
As of January 2026, about US$117.8 million in primary remained out of the initial US$253.2 million issued.
According to the Ministry, the exchange’s success demonstrates the government’s dedication to preserving macroeconomic stability, boosting investor confidence, and re-establishing debt sustainability.
The transaction’s conclusion, according to officials, is a significant step in Ghana’s efforts to restore economic resilience after the debt restructuring process, which aimed to put the nation’s public finances on a more sustainable foundation.
In order to protect Ghana’s long-term macroeconomic stability, the Ministry reiterated its commitment to responsible debt management, solid public financial management, and the ongoing execution of policies.
Source: newsthemegh.com