Ghana and the Kingdom of Belgium have entered a debt restructuring agreement, marking the eighth agreement with Official Creditor Committee (OCC) countries.
The agreement was signed on Thursday, March 5, 2026.
“A while ago, on behalf of the Government of Ghana, I signed a debt restructuring agreement with the Kingdom of Belgium,” Dr Cassiel Ato Forson, Ghana’s Minister for Finance, announced in a Facebook post.
He expressed gratitude to the Government of Belgium through H.E. Carole van Eyll, the Ambassador to Ghana, for their support and continued partnership with Ghana.
According to the Minister, Ghana is healing from the economic downturn with stronger systems being put in place to avert a recurrence.
“Ghana went through an extremely difficult period in 2022–2023, when the country faced a severe financial crisis that led the government at the time to declare a debt default.
“Today, however, the story is changing. Ghana is recovering and witnessing a significant economic turnaround, while we also put in place stronger systems to ensure we do not return to that point again.”
Story by Hajara Fuseini
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Source:
opemsuo.com