{"id":161839,"date":"2026-03-30T14:45:07","date_gmt":"2026-03-30T14:45:07","guid":{"rendered":"https:\/\/www.europesays.com\/africa\/161839\/"},"modified":"2026-03-30T14:45:07","modified_gmt":"2026-03-30T14:45:07","slug":"ghana-signs-11th-debt-restructuring-deal-with-exim-india","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/africa\/161839\/","title":{"rendered":"Ghana signs 11th debt restructuring deal with EXIM India"},"content":{"rendered":"<p>By Ashiadey Dotse<\/p>\n<p>Finance Minister Cassiel, Ato Baah <a href=\"https:\/\/en.wikipedia.org\/wiki\/Cassiel_Ato_Forson\" target=\"_blank\" rel=\"noopener nofollow\">Forson<\/a>, has announced that Ghana has signed its 11th bilateral debt restructuring agreement, this time with EXIM Bank of India, as part of efforts to stabilise the country\u2019s economy.<\/p>\n<p>According to the Minister, the agreement marks steady progress in Ghana\u2019s debt restructuring programme and signals a move towards a lower risk of debt distress. He said current indicators show that the country is gradually recovering, with the most difficult period now behind it.<\/p>\n<p>Dr. Forson, in a Facebook post on Monday, March 30, 2026, assured that the government remains committed to honouring all restructured debt obligations on time, adding that debt sustainability will remain a key priority in all future financial decisions.<\/p>\n<p>He stressed that Ghana will not return to a path of excessive borrowing, noting that lessons have been learned from past challenges.<\/p>\n<p>As part of new measures to strengthen financial discipline, the government plans to introduce a new Loans Act. The proposed law will clearly define how borrowed funds should be used, ensuring that all loans are directed toward high-impact projects that provide value for money.<\/p>\n<p>The Finance Minister said the government\u2019s approach is guided by a simple principle: every loan must be justified and must deliver real benefits to the Ghanaian people.<\/p>\n<p><a href=\"https:\/\/www.gbcghanaonline.com\/category\/news\/\" rel=\"nofollow noopener\" target=\"_blank\">More stories here<\/a><\/p>\n<p>\n\tRelated<\/p>\n","protected":false},"excerpt":{"rendered":"By Ashiadey Dotse Finance Minister Cassiel, Ato Baah Forson, has announced that Ghana has signed its 11th bilateral&hellip;\n","protected":false},"author":2,"featured_media":156573,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[79],"class_list":{"0":"post-161839","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ghana","8":"tag-ghana"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@africa\/116318668410483774","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/posts\/161839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/comments?post=161839"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/posts\/161839\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/media\/156573"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/media?parent=161839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/categories?post=161839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/africa\/wp-json\/wp\/v2\/tags?post=161839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}