Ghana Achieves Economic Milestones: Early Eurobond Payment and Record Trade Surplus

The Government of Ghana has made significant strides in its economic recovery efforts, successfully settling a US$709 million Eurobond obligation ahead of schedule on December 30, 2025. Finance Minister Dr. Cassiel Ato Forson announced that this payment is part of a broader strategy to enhance the country's credibility as a borrower and restore investor confidence, with total Eurobond payments in 2025 reaching US$1.4 billion. The government is committed to further reforms in domestic revenue mobilization and public financial management to ensure fiscal sustainability.

In addition to the Eurobond payment, Ghana's economic outlook is bolstered by a remarkable trade surplus of US$8.5 billion as of October 2025, representing 9.7% of the country's GDP. This surplus has surged from US$5.57 billion earlier in the year, primarily driven by increased gold export earnings, which reached US$15.2 billion. Total exports amounted to US$23.3 billion, with significant contributions from cocoa and crude oil, while imports totaled US$14.8 billion. The positive trade performance has strengthened Ghana's external reserves above US$11 billion and improved the stability of the cedi against major currencies. The Bank of Ghana anticipates that these positive trends will continue if global gold prices remain high.