Ghana not returning to bond market yet despite early debt settlements — Theo Acheampong

Speaking in an interview on Joy FM's Midday News on Monday, July 6, on the government’s latest Eurobond repayments, Dr Acheampong said the decision to settle portions of Ghana’s external debt ahead of schedule was instead aimed at taking advantage of favourable market conditions, reducing future debt service costs, and signalling the country’s commitment to honouring its obligations.

Technical Advisor to the Finance Minister, Dr Theo Acheampong, has clarified that Ghana’s recent early debt settlements should not be interpreted as a sign that the country is preparing to return to the international bond market anytime soon.5 billion in principal and interest since the completion of the Eurobond debt exchange programme.