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Commencement of DDE in Respect of Ghana’s U.S.$-Denominated Domestic Bonds

The Government of the Republic of Ghana (the "Government” or “we”) announced today that it is inviting (the “Invitation”) Eligible Holders (as defined below) to exchange approximately US$809 million of its U.S.$-denominated domestic notes and bonds specified in Table A (the “Eligible Bonds”) for a package of new bonds (as further described below, the “New Bonds”) to be issued by the Republic.

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Update on Outstanding Domestic Debt Service Obligations

The Government of Ghana and the Coalition of Individual Bondholders Groups (CIBG), comprising members of the Individual Bondholders’ Forum (IBF) and the Individual Bondholders’ Association of Ghana (IBHAG), on 16th May, 2023, reached agreement regarding the government’s outstanding domestic debt service obligations. This agreement was captured in a Memorandum of Understanding (MOU) dated 16th May, 2023.

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The 2022 Consolidated MDAS Annual Budget Performance Report

On Wednesday, 17th November 2021, we presented the Budget Statement and Economic Policy of the Government of Ghana for the 2022 Financial Year to Parliament. The core focus was to sustain the recovery efforts from the impact of the COVID-19 pandemic and other global shocks and get us back quickly to a path of sustainable growth and debt.

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In the wake of the COVID-19 pandemic and as part of measures to ensure the safety of all our stakeholders,
you are kindly directed to e-mail your correspondence to the address below: