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Bond Investors

Medium Term Debt Management Strategy

The debt management operations for 2023 were conducted against the background of an IMF-supported Post-COVID-19 Programme for Economic Growth (PC-PEG) anchored on restoring macro-economic stability and debt sustainability; coordinating an equitable debt operation programme; negotiating a strong IMF programme, among others.

Among the highlights of 2023 is the Government’s success in securing an approved IMF-supported Programme and the execution of a debt restructuring programme to alleviate fiscal pressures by reducing debt servicing costs, improving debt sustainability indicators over the medium to long-term and ensuring macroeconomic stability and economic growth.

Annual Borrowing & Recovery Plan

The Ministry of Finance is committed to ensuring transparency, accountability and predictability of Government's borrowing operations.

Annual Debt Management Report

The public debt in Ghana is defined to include all borrowings by the Central Government and those guaranteed by Government for the benefit of State Owned Enterprises (SOEs).

The current primary governing law for debt management is the Public Financial Management Act, 2016 (Act. 921).